Should have posted on this thread: POG is waiting at a technical resistance above 50DMA to break out along with Silver. If that happens which I think will coincide with bottoming of Euro currently near 200 monthly sma and prv lows. (triple bottom) then watch out for a big rally in Goldies. Safe to play Newcrest Alacer type though. POG fell rapidly recently after Indian embargo on imports. Which was removed on Monday hence the POG fell ( due to Failure of Swiss Ref) but shot back up immediately from 62% fib retrace support of GFC rally. I will donate some coin to the most unloved community in stock town!
As for GRY the rapid drop MAY BE nervousness around MQG pulling out of funding arrangement..
GRY Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
