gold breaking out on it's own?

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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hondobud

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gold breaking out on it's own?

posted on Sep 02, 2009 12:58PM

This probably is a breakout above $965 what is the reason? lack of confidence in the future Dollar? The Dollar is not down enough today to warrant this move. Sector rotation to miners? Is everyone tired of waiting for good news in the rest of the market? Lack of confidence? Or is retail getting played into a frenzy and a huge selloff coming?

The POG has helped us out today but I would rather have news of a buyout / merger permit / arbitration plan......etc.

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