I like the libertad also....that I know and can say definitely. I agree that these lower prices will not be available for long......but IMO it has the momentum to continue lower....but we are all just guessing. The tide raises and lowers all boats the same. The key of course is get in closer to the flood than the ebb.
This takeover looks very promising if it goes off as stated in the announcement and doesn't turn into a bidding war.
IMO it is a little early to say gold held above $1084. He is talking about a snapshot of an 11 year low to high and a 4+ year retracement and the call is, it is all over in a few days.....a little to soon for me. Successful trading to everyone.
Meima....At this level it is easy to be thinking "my impulse is to jump in today". With the current pressure on the commodities IMO the trend will continue lower. Likely will see pops as we did on Friday. I think long term "my impulse is to jump in today", if acted upon, will be seen as a very smart or lucky move. However, if it all goes to hell, as many seem to be predicting, the current price may be seen as high....at least for awhile ? Your opinion, at a very minimum, is as good as mine.
A craps game almost seems like a safer opportunity. If the dice aren't loaded, the odds are known, you can work with the probabilities. In these markets it is no longer that way.
Any more news on this. I tend to agree with neilis....something more is at play here than they have shared. Speculation is never a very good way to get involved or speak about any market let alone trading the miners.
There are not enough people that agree with you .........yet!
Be prepared....more are thinking this way every day.
Sentiment: Strong Buy