SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (43338)5/3/2013 8:47:32 AM
From: cmg  Read Replies (1) | Respond to of 48092
 
Are you buying miners or physical?. I have some of the same thoughts but physical premiums could be high. I checked my LCS and the premiums now are 5.75 to 6%. Before the drop it was 4.5% for American Gold Eagles.

If gold drops into the 1200 range I will be a buyer of physical. Im watching the miners and when the trend changes so shall I.



To: Rocket Red who wrote (43338)5/3/2013 6:20:28 PM
From: SwampDogg7 Recommendations  Respond to of 48092
 
one should know that that target was off
you seem to take joy in anything that slams the gold market even if it is an error or just made up
not really clear which way gold is going in the short term although the fact that it held in there today on a pumped up jobs number was interesting for the bullish case
couple of miners missed numbers this week and did not go down. maybe another clue

bullish ST gold case would have it churn around in this range for a while longer and then move back towards $1600. both oil and gold may have some surprises in the coming weeks