Insider Transactions ...USD trend etcThis is from INK Research which is the TD Securities research supplier: From the insider transactions for past 60 days, from directors or management, Staccato insiders bought a net 300,000 shares. There is few if any other mining companies as net buyers.
Pandora,....On the USD,I am not sure US dollar bearish views from analysts meant the USD would crash in one straight line within the next couple of weeks. The trend is firmly in place. This morning, a relief type countertrend rally of say .40 of 1 cent does not really make a trend reversal and Dow going to 1400 does not really IMHO make skies all sunny and bright for US economy. It's just daily gyrations, the primary foundation for a much lower dollar and US assets is in place, just does't happen in one week. There really isn't any data to support USD buying or hoarding. The best person to listen to is the longer term trend line, that seldom lies. MHO
If $640 December Gold holds this week and silver doesn't fall all over itself, we could still be good for end of the year for highs in PM shares.
I notice some interesting Houses on buy side this week. Blackmount and CIBC were enthusiastic bidders. Blackmount has mining savvy reputation.
cheers