My fear is that tomorrow we will sell off due to people needing the funds for margin calls or just panic to get out of a falling market. However, there really is nowhere to "hide" and the mainstream is catching on, see...
http://www.smh.com.au/business/greenbacks-day-in-the-sun-is-over-as-gold-glistens-brightly-20110805-1ifde.html
sooner or later (I really hope sooner!) "everyone" will realize that gold/silver is insurance against currency devaluation and bear market crashes. Then run to buy physical and/or the the gold miners, at that point we get the mania phase of this gold cycle, and all those that held make a fortune!
"It is a bold and uncommon man that can be right AND can sit tight!"
Good luck to us all...
IE
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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15.0¢ | 6000 | 1 |
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3 | 104622 | 0.135 |
4 | 97732 | 0.130 |
3 | 35576 | 0.125 |
3 | 95333 | 0.120 |
Price($) | Vol. | No. |
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0.150 | 6000 | 1 |
0.155 | 6500 | 1 |
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