Big Dipper
With gold doing what gold will do this morning (only off $21) but still well above $925, investors should use these momentary lapses to bid, acquire and secure potentially big movers in Au, when the wave through $1,000 begins in earnest. All of these trading gyrations of the day-to-day should be viewed as opportunities to acquire core positions for whichever junior is on your target list. As in yesterday, I acquired one third of my position in BTO @ .74 & .75 ...I will now
look to see support of the trend line @ .70 and just under to .675 ...by the end of day if that holds, I will secure the second tranche in this area...if not, I will look to the mid-.60's to acquire. Of course the whole momentum is gauged against the backdrop of the gold price...
eom.