RE: Kitco,Barclays,Credit Suisse 800goldI'm still bullish on gold and the gold miners, despite this week'svolatile swoon. In fact, I expected the over $1,230 to fail because fear and emotions arerarely the right ingredients for a sustained trend. However, now thatweak hands are getting shaken out, the yellow metal is setting up idealconditions for a
sustained uptrend to my long-term target at $1,800.
ByAlan Farley, RealMoney.com Contributor ,
On Thursday May 20, 2010, 11:29 am EDT
from the same web page:
Exeter Resource
The stock has been consolidating its gains forthe past three months, moving sideways in a volatile range between $6and $9.50. A breakout above the January high would end this conflict andsupport a rally into the low-teens. Interested buyers can buildpositions near the lower end of the range, with a stop loss at $5.25,just in case the trend reverses.