Dear Snake, it sounded like we both are having the same nightmares.
Hohoho witness Gold breaking and staying above $1500 today. Platinum prices today yet again cracked $1800/ounce and Palladium at $765/ounce. Really strong prices with positive outlooks across the board. Precious metals looking strong.
To note, on Wednesday 200411 volumes were extremely low at 310,081. Analysing the buy to sell spread, it is noted that Buy Volume was at 300,617 ($95,749) in comparison to Sell Volume of 9,464 ($2,973).
Perhaps this is an indication that substantial holders have consolidated? Selling near to an end at present levels?
Looking forward to further updates, for we are four more business days until May 2011. The BFS month possibly. Who knows, perhaps there could be a nice lovely announcement before the long weekend to help us sleep better, in peace and harmony without reminiscing the days of Barry and the Bengs.
If you don't hear from me tomorrow, I hope you all have an awesome long weekend ahead!
Sweet dreams.
O
NKP Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
