Probe holding it's own
posted on
Dec 21, 2012 04:08PM
Writing this from a rocking RV in 50 MPH plus Reno winds. Sure Probe is under hedging strategy pressures plus contiuing gold price attacks from the usual suspects but it continues to fight these advese currents with muscle. The only buyers in here are the value buyers and they are in no hurry to force the shares higher with these continuing, strongly suspected, great values.
Sinclair incandescent – biggest manipulative play in gold ever
Jim Sinclair attributes the latest raid on the gold price to a U.S. Fed orchestrated takedown which he sees as "the height of rank, blatant foolishness and ignorance."
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The U.S. dollar has been manipilated higher to 79.62, which keeps it from significantly breaking 79.50 support, overall. All the precious metal prices are at gift levels. Haven't yet pulled the trigger on adding to my PRB position as I continue to watch but am adding silver bullion coins plus numismatic ones to my hoard at the $30 level with a smile.