major downgrades, page-12

Sometimes you can stand too close to the fundamental analysis of a company that it will make you cross-eyed, it can blur your view of the big picture.

As already mentioned by oracle, last night Bernanke affirmed that the US will keep on printing, he verbalised his fear of deflation, the U$ is looking for the next move down, imo. All good for gold to continue up in the interim. OZ dollar down, even better for SLR.

As for brokers, we know they always get it right, don't they?

I will be surprised if the majority of goldies don't finish in the green today. Look at the three bellweather Oz gold stocks (NCM, RRL, PIR) all well bounced off their lows.

Caveat, the lowest SLR will go, it may fill that wee gap @75c