GOLD HITS A NEW HIGH $1450....All the worlds problems are finally begining to effect Gold in a positive way...This looks to me to be a longer term move...smart $money$ is betting these world events are going to effect longer term economies, and so they are starting to look for safety in Gold from the oerdone paper fiats...Goldman said over $1500 by end of this month...
PDG is on a well deserved rest, from the very recent frantic trading...the manipulators were out in force this morning, where the asks rose suddenly from 200M shares all the almost 1 million offered at 55...It is now minus 1 on the day, most of the 850M shares trading at 55 to 56....In the medium term, I don>t believe this scare tactic will mean anything at all, lol...mark this down, the next set of results from the 20,000 Ft infill at Magino, i believe will be just as good as the first results, and we will be right back to our mojo...
Interesting today that Premier Gold was on BNN , touting it, hinting that Goldcorp considerss it a takeover, as they are and have been doing exactly rgw same as PDG...ie...looking for proven Gold reserves to pick up for a song, so IF Mr. Maher is still in fact on that same route, I am totally all for it...At the open it was down a bit, but I suspect Premier to make a new high
in the next week or so,,,,
I see no way for PDG to close down 1, especially with Gold being Up $15.00....I.m sure some of that frantic feeling will be there to the close....
M99