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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (54709)	10/8/2016 11:02:49 AM
From: SwampDogg	Read Replies (2) \| Respond to of 60899

funny it was close to a 20 bagger Message 29230469 IMO buying PMs here is like buying the general market in 1987

To: SwampDogg who wrote (54709)	10/9/2016 3:40:24 PM
From: Claude Cormier	2 Recommendations Recommended By dara marcos Respond to of 60899

It was indeed the normal thing to do for this market, to correct as it did. The 200 dma is always a solid attractor in corrective waves. I am not sure if we will have a "V" shape recovery as you suggest. Could be as this is the way it happens more often than never. I can see a bottoming process that last another 4 weeks. Gold could reach $1210-$1220 which would be closer to a 50% retracement of this 1st wave from December 2015. Juniors gold still have another 8%+ to lose in order to reach such a normal retracement. Senior gold are just a tad above it. We will find out soon.