The Market Crash 09/11/16 and GOLD and SILVER ?, page-972

thanks for the MACD info @GrandJury - very illuminating. I am working from a premise that good well-run Aussie gold miners are profitable at current AUD Gold price and yet sentiment has knocked down their SPs a long long way. Therefore they are currently way undervalued IMHO. Once these miners start reporting quarterly returns then we may see a re-rate. I notice too that both HUI and JNUG were up a few points starting on 2oth Dec NY trading so I am also tracking the US Golds as a early indicator of future moves. Contrarian investing - buying into weakness. It makes sense if you are careful but it is very nerve wracking ..........

cheers

ece