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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (100985)6/10/2013 1:30:59 PM
From: Robin Plunder  Read Replies (1) | Respond to of 218186
 
silver looks even worse, I think, having now broken below the april lows...even more feeble rally than gold.

It is all very strange tho, hard to explain with all the fundamentals in place for precious metals. I wonder if the decline in the yen, causing a rise in the dollar, is related to the drop in gold in dollar terms.

Still, seems like the japanese should be buying gold, adding to the demand and causing the gold price to rise.

strange that copper does not look that bad yet, but has still broken the neckline on the weekly, since about a month ant a half, and has not been able to rally back above the neckline.

In any case, gold and silver have had a much worse decline than copper.

rp



To: John Pitera who wrote (100985)6/10/2013 5:57:22 PM
From: TobagoJack  Read Replies (1) | Respond to of 218186
 
The higher cost juniors may last out the harsh winter because I cannot imaging any operating junior actually allowed self to mine at above 1100 cash per troy

The lesser exploration companies may not make it unless somehow go into hibernation

Shall report back on funding environment by and by


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