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Message: A Bumpy Ride

A Bumpy Ride

posted on Nov 24, 2009 01:46PM

When you look at the gold stocks as a group,both senior and junior, it seems that they have been going sideways for quite a while. So even though the price of gold continues to move up the gold stocks, even ones that report drill results of 52 oz. to the ton remain stuck in neutral. To my mind what this means is that Joey Public is really not convinced that the pog will remain at these levels...and he is absolutely right, it is going to go a lot higher and the gold stocks will get, for lack of a better term jerked up with it when we shift from neutral to first while at the same time stepping on the gas... hang on and the enjoy the ride folks!

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