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Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century -- Ignore unavailable to you. Want to Upgrade?


To: Valuepro who wrote (9273)10/17/2025 3:23:19 PM
From: LoneClone  Read Replies (1) | Respond to of 9413
 
Now we wait to see if this is the start of the correction Saville has been forecasting.

A few weeks ago I had probably my best day ever in the markets. Today is shaping up as possibly my worst day ever.

Saville said that HUI has to close the week above the recently broken long term resistance to confirm it is not a false breakout. Not looking good, but we'll have to wait to see the final numbers.

LC



To: Valuepro who wrote (9273)10/17/2025 4:15:35 PM
From: nicewatch1 Recommendation

Recommended By
dara

  Read Replies (1) | Respond to of 9413
 
This was overdue, shouldn't we all agree on that? Some of my names in various metals went silly this week and last. Dumped most call options sold over the past few days, and trimmed other positions mainly to raise cash over the past 5-7 trading days.

Some of these names are so far divorced from reality, imo, on valuation that they deserve larger corrections even from here. And other names I'm partial to are interesting and would likely buy more of in a farther correction. If this overdue correction results in more of a pickers market then it's not the worst thing in the world, imo. -gulp-

Of course if it is an IT-LT peak then most bets are off for now. fwiw, time will tell.