Gold             and miners have taken a beating in this fake and manipulated market. This has been a hard trade for the gold             bulls but in the end game gold             I think will win. We see Ichan and Soros taking longs in this sector and physical and thus with the manipulated market I think these will move higher. I have placed a stop at bottom of gap and that is about 3.00 risk so need a 6:++ move to get 2:1 but with long term good potential here
Levels are kinda working here indeed. As it retracted now, what do you think?
I was about to send it to you! But then again, what is your opinion on Gold on general. CNBC says gold is overbought.
PS - also, why not ABX?
CNBC I don't care what they say, gold is undervalued...but can't say short term, long term I think it goes much higher...this is just one of the stocks in the sector could be others
2use Vince
Soros is rumored to be back in the game buying gold though. NEW held ok today, although was down with the market after 2% up
Yes true will see how this goes
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