You are right...but I think it's simply a matter of timing. Gold will hit $5000/oz before this is all said and done, IMO. Amazing as it seems, gold isn't actually looking that bad. Do a search on gold in Euro terms...a completley different look. Not as dreadful...and they are not that far away from their own QE. Still strong physical demand abroad. This is a three year shakeout, that just had it's last day.

As for TRX...I chose them because they didn't have as much of a bounce as SLW before the close. Nothing about them specifically that caught my eye. Almost every miner formed a massive hammer candle yesterday...option expiry, support breached in a "suspicious manner" (http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/31_Maguire__This_Triggered_Todays_Massive_Selloff_In_Gold_%26_Silver.html)

Extremely bullish. This is the bottom. Period.

Here's another prediction...gold will break $1500 before the end of 2015, and most mining companies will give you a 300% return before the end of 2015. The 'you know what' is about ready to hit the 'you know what.' Hang on Pic...your physical is about ready to bail you out.

This is going to be exciting.