Best looking weekly chart, page-767

I happen to be a great fan of rat poison. It means I can eat my cherry tomatoes, and I'm happy to dig a few extra holes through the year for the little would-be thieves (prefer they don't die under my decking).

Howard Coleman (Teaminvest) on ****** last night, outlined his reasons for almost always walking past mining stocks - basically it boils down to the fact that miners, having gone to the trouble of digging up and processing or part-processing some dirt and rocks, then find themselves trying to sell a product whose price is determined by someone else.

That seems a reasonable argument, but the idea doesn't carry through all of the time viz:
• in some cases, there is always a market which for years is not fully controlled by one or few entities (e.g. iron ore);
• gold is an exception, because the nominated market price is more political or macro than commodity-based;
• sometimes you just have to take a punt.

BTW maybe people who are riding the prices every day should look away from gold and some other mining stocks. Meantime, let's look forward to some medium / long term fun!

(IMHO & DYOR)