FML 3.57% 13.5¢ focus minerals ltd

big drop in gold, page-9

  1. 84,418 Posts.
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    morning,

    I posted yesterday that silver had burst through it's downtrend line and we might be off to the races if it held over that line.

    I believe silver was possibly the key to last nights thumping. I don't think the big boys like it, silver put on too much for them the night before. I think they delivered a severe spanking ----- have a look at the two charts below.

    The rot set in exactly when silver hit $37.50 then both silver and gold plummeted.

    Coincidence? ---------- not in my book. Or at least highly suspicious.

    It will be interesting to see Asian buying today.

    have a great morning

    Pinto



 
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No. Vol. Price($)
1 36133 13.5¢
 

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Price($) Vol. No.
14.0¢ 67030 2
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