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Mega Precious Metals Inc MPRXF

Metals & Mining Industrial Metals & Minerals


GREY:MPRXF - Post by User

Mega Precious Metals Inc > 3p, stop your
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Comment by hrattleon Sep 11, 2012 11:52am
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Post# 20347434

RE: RE: 3p, stop your

RE: RE: 3p, stop your

I own Goldcorp...

If QE3 doesn't come POG could suffer a sharp pull back - even a break of $1550. My guess is they will save QE3 for the fiscal cliff but they may give enough signs to keep POG around the $1650 resistence. Further hurting gold is the drop off in real demand (as opposed to speculative demand). Anyway I think the double bear ETF is in play now (betting on no QE3 this time).

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