GREY:GPLDF - Post by User
Comment by
whypromoteon Mar 15, 2011 3:17pm
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Post# 18289078
RE: RE: RE: RE: Mineshack...
RE: RE: RE: RE: Mineshack...What?
....Is that a 40% correction in Silver that you just predicted? I’ll add it to my watch list and we’ll see how you do.....
When did i say that? A lot of posters putting words in my posts these days? So from the highs Silver goes to $22? OMG!! Who said that...Cramer? hehehehe I've said silver could easily go to $32/$30 - big deal. Metals correct.
Just stating the obvious. GPR will trade with silver and it's story is out there. Is now the small cap silver proxy. So hedge or ??
The uranium stock selloff makes sense - alot are thin and small exit doors. MSM has lost it....blame the 24 hour news cycle for pounding the story.
Long term? The Middle East is a much bigger story. The japanese have been through worse.
Silver
21DMA - $33.62 - bounced off that today.
50DMA - $30.82
200DMA - $24.24