notice how in spite of gold getting clobbered, the miners are holding up well. looks like they are getting ready to lead the next leg
going to speak fundamentals for a moment
i see the majors using lower grade when the price of the metal is high. they are using up their supply. soon they will have to buy out juniors/explorers. they can explore on their own dharma! sure but it takes longer, and can work out to be even more costly.
dharma
after consolidation, comes mark up
Started by
dharma
, Aug 16 2012 11:28 AM
282 replies to this topic
#281
Posted 15 October 2012 - 02:16 PM
#282
Posted 16 October 2012 - 10:14 AM
going to start a new thread!
dharma
#283
Posted 19 December 2012 - 10:46 AM
going to start a new thread!
dharma
About time too.
Gold has big support just below and Silver is having once again positive hourly divergences.
Needless to say I added Silver longs near today's lows. The long anticipated 24-28 December possible lows are not that far out, time wise.
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky