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Message: How high is high ? POG and SGR will make a new high today very likely

POG is trying to overtake $1190 today, but as John Ebry said, POG is never allowed to climb mroe than 2% a day because NY traders need keep it in check while Asian traders keep accumulating. Well, looking at 10 yrs history, NY boys can win battles, and Asian traders will win the war.

As a new producer, SGR will benefit much more than explorers from POG jump. As some gold veterian who experienced 1980 gold rush said, at the beginning of the gold mania, producers will jump first, then close to the end of the mania, explorers will outperform producers. Traps you may not want to miss the first part of the party. JMT.

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