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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (230320)7/19/2013 1:14:15 PM
From: Claude Cormier  Respond to of 312932
 
$1300 is some resistance. But the real test is $1320-$1350. The 50 DMA at $1341.



To: Canuck Dave who wrote (230320)7/21/2013 10:48:07 AM
From: Veteran98  Respond to of 312932
 
I'm guessing if one is a believer in POG coming out of this brutal correction and marching ever higher one is going to have to do some more homework... With all in costs getting so much attention lately it would probably be prudent to do some due diligence to see who has been hedging.... I would think that any miner that has been doing any amount of significant hedging will significantly lag any of the miner that remain unhedged....

Jesse at Jesse's Café Américain made this comment ... One would hope that the miners would not be driven back into hedges by short term cash requirements at this price level, as they may find it to be fairly uncomfortable in the intermediate term. And I would not be likely to invest longer term in a miner that was hedging its future ahead of what looks to be the next leg of the bull market.....