RE: Another huge correction looming for metals!Gold and metals often trade in sympathy with one another. I see some nearterm weakness in Gold as the Feds may soon move rate up to thwart inflation (they left rates unchanged today). When that happens there will be another downleg for commodities similar to what was experienced in May of last year. We may be experiencing the first tremors of that correction. UNB is nearly up 100% since it lows and look quite topey to me at these levels. On a good day if this one spikes up over 40 cents I will sell like Mr. Gardner did the last time it spiked up. I don't pretend to know more about UNB than he does. If he thought this was going to $2 he wouldn't be selling at these levels.
Lars