Chart - TA, page-2717

Hey warrain..

i doubt any one person is ever right about the markets in their entirety, theres a bit of chaos going on all the time but particularly so lately.

markets have imploded, fed market manipulation and bullshit has confused everyone who expects it to keep going up forever and fed the fears of those that expect it to collapse. Things aren't acting as they always have or should.. yet.

i think reality is finally dawning that we we're living beyond our means and its not sustainable. We are in a transition period between major market phases and turmoil has ensued. Some will shit their pants act irrationally and lose a lot. Others will take the opportunity to set themselves up well for the future and every action in between.

hopefully gold will appear as one of the safer places to park your money. It seems to have held up comparitively well but still noone is sure where to put their money. I think it will eventually dawn on many that precious metals offer a degree of safety and prices will react accordingly. Explorers/ developers are risky so they have suffered along with everything else. they are historically undervalued as a sector by many metrics so roll your dice, take a view and make a decision either way stay in or get out. That's all you can do. Trust yourself and don't panic. Life goes on.

degrey has been hammered the same as many others so it seems bad but if you believe in the thesis of precious metals etc it's not that scary.

I think this guy has a pretty good take on things that may help you with gaining some perspective.. it was a good interview.. check it out.