Most likely will be taken out by a cost cutter miner or private equity chop shop.
Under $7 today with 40% upside in one month.
Sentiment: Strong Buy
20% below your wonder buy of $7. Cya in the low $5's soon....
Thanks for the reminder- to cost average in while Bottom Fishing
LOADED UP around $5.8
Thanks in advance
big buying opportunity this week .... says goldman sex
well I took advantage of the buying opportunity by selling the 6.34's bght Monday bright and early this morning way up there at 6.70.
It is clear to most that Goldman "Sex" is out to create a SELL fire storm last week when they slammed gold's future valuation.
Arizona and Utah adopted gold legal tender in their states making a statement of DISTRUST OF US$$ and Fed's endless "printing" of US$$.
I bet the farm that gold price will reverse back to $1600+ in 2013.
It seems like Goldman Sachs is trying to create a sell storm in gold and load up for the buyers in India and China, two of the biggest buyers of gold.
A reflection of loss of confidence in US$. Dollar will continue to weaken in order to pay back debts to China and creating exports at lower costs.
I think gold will head towards $2,000 and beyond in the next 12 month.
not really, the rsi can drop well below rsi 30 as it has many times recently with each low being a lower price low than the last one.