Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

Free
Message: Coulda got more shut-eye

Coulda got more shut-eye

posted on Aug 05, 2008 06:15AM

but I got up for this? LOL!

This should be the worst of it, I would think, for the juniors market and gold in general. Yamana gapped down today, Premier, Kodiak, and probably any other one you can think of. Oh, and don't forget gold itself is at $884.

Probably because the barrel of oil came down yesterday, everyone's buying the propaganda that an inflationary crisis has been averted. Give it a day or two. These are days to buy, not sell. Charts are all bouncing off of their lows/inflection points.

Personally, I think Sage's chart looks pretty good here, has a little bit of resistance to overcome in the .25 to .28 zone, but is developing a nice base.

Now where's that coffee????



Share
New Message
Please login to post a reply