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Strategies & Market Trends : Canadian Junior Resource Roundup -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (152)	12/3/2016 8:12:25 PM
From: NOW	Read Replies (2) \| Respond to of 4478

so did piercing that low and rallying alter your views? IMO door is open to 1025

To: Claude Cormier who wrote (152)	12/17/2016 2:55:55 PM
From: Rarebird	1 Recommendation Recommended By El Canadiense Read Replies (2) \| Respond to of 4478

No one is considering the possibility that Gold and the Miners have resumed their bear market and what we witnessed from mid-January 2016 to the beginning of August 2016 was nothing more than an extremely strong cyclical bull rally. All I'm hearing from the Gold Bugs is price targets for a bottom. What I see is the POG and the Gold Miners falling on the slippery slope of Hope. I have absolutely no position in the Gold/Silver Miners or POG long or short. I just find it unbelievable that I can hardly find a gold bear and just about everyone is assuming this is an ongoing correction with a bottom coming shortly, resulting in the resumption of the bull. Have you considered the possibility that what took place during January thru July 2016 was an outrageous bear market rally in the Miners? No one thinks that is possible or a live option here. They site the magnitude of the advance as precluding that possibility. It's getting close to crunch time for the POG in USD. Will $1115- $1120 hold? $1100? $1080? $1030? $1000? Who thinks its possible that US $850-$875 POG gets hit on this move? Stranger things have happened. The USD is surging and real rates are rising pretty dramatically.