RE: RE: Fluli.....Hey....i went long a bunch of pm stocks when Egypt imploded...think gold popped $20 that Friday in jan to $1350 or so? Still think the Middle East is a much bigger story than Japan.
Not a permabear by any stretch.
World events obviously trump everything else. Markets normally correct more than a couple of days. A lot of technical damage has been done to tons of pm stocks. Selling begets selling.
Again....the MSM should be lined up and shot. They serve NO useful purpose except reporting a story 24/7 with NO NEW information. Just breathtaking! Almost hoping for bad news.
Seems like yesterday Charlie Sheen owned the 24/7 news cycle. :) The good old days!
You know it wasn't that long ago that Silver was at $30, SLW was $30, FR was $11, EXK was $5.5 , GPR was $2 and change...etc..etc.
Since last Tuesday its been " bear market rules " apply. See if silver can retake $35/$35.50.
We're down around 30 % in 6 trading days which is the norm.
GLTA
p