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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (44960)	6/24/2013 4:36:39 PM
From: SwampDogg	Read Replies (1) \| Respond to of 48092

well the amount of work that these miners have done will mean a very vary vary large move in both price and time when it finally sticks. $XAU right down to LT trend support Maybe despite the snowden issue the central banks including China are priming the market for a hole new level of printing can't being the medicine without the patient

To: rubbersoul who wrote (44960)	6/24/2013 5:50:58 PM
From: Jim McMannis	Read Replies (3) \| Respond to of 48092

I hope you're right. I think there is a component of fear over fattened expenses of mining companies vis a vie when the POG got high. That some miners may go broke. That and the LT trend in miners is down plus the fear that the cats out of the bag on rates going up. I do think Berspanky will make some attempts along the way to quiet the bond market and that will cause the miners to spike at least temporarily. It's very difficult to use this flubdamental data to tade miners. So we use T/A. T/A indicated the "get out" signal on miners for over a year. FWIW