GREY:RNKLF - Post by User
Comment by
longcion Dec 24, 2018 3:01pm
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Post# 29155213
RE:the only gold stock not moving up
RE:the only gold stock not moving upNot quite true , as I have mentioned before sometimes PM's lead other times miners lead . This is one of the previous times .Traders are trying to meet margin calls ( Margin @ all time highs ) so they'd got their hands full ,they know this is going to be a Bad one ! AU blew through $ 1250 as if it was standing still ! Which gives me even greater confidence that $ 1300 then $ 1350 are even closer than we thought !BTW the most reliable net coin dealers are sold out for coins under 1 OZ which should tell you something . Juniors should kick in soon as the shock of the market sinks in and they start to think about capital preservation . Hopefully you've been DCA physical for the last few years , because the equity Bear is just starting ! Keep some powder for when we finally get our dead cat bounce of 2 or 3 K to buy your index puts ! Lastly a Big Thanks to a WA miner that's on track to be a player and doesn't play games with their NR's ! Please let's be civil , discuss the issues / good or bad / and bless the baby Jesus Christ with all his children ! Merry Christmas