Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

Free
Message: Contrasting News/Opinion Items

http://finance.yahoo.com/news/goodbye-dow-18-000-while-161400468.html

http://www.marketwatch.com/story/avi-gilburt-doubles-down-gold-is-going-to-25000-2015-06-12?siteid=yhoof2

As to the first story, I've been saying here for months that the Dow being range bound strongly suggests that it is searching for direction, and it will eventually break strongly in one direction or the other. My bet is DOWN, as this writer also feels.

Gold too is similarly range bound, but I believe maket forces favor a strong move to the upside once it finaly breaks from the +/- 1200 level. If the CBS MarketWatch writer is correct, this means good times for miners in general, good times like we haven't seen in this market every before, albeit slowly and over many years. Hey, I'll settle for +50 dollars per year on a path to $25,000, but I think this guy is looking for annual moves of a lot more than 50 bucks.

Just a FWIW.

VP

Share
New Message
Please login to post a reply