InvestorsHub Logo
Followers 231
Posts 15920
Boards Moderated 1
Alias Born 08/20/2013

Re: None

Tuesday, 06/03/2014 10:26:02 PM

Tuesday, June 03, 2014 10:26:02 PM

Post# of 1870
I guess my point is


this surge today, unless there's a real fundamental reason for it, then its some kind of odd technical movement, and I don't know if it will act like a breakout move, or whipsaw back down tomorrow, .Ive seen fake out moves like this.
I feel like sitting back and just watching it play out for the rest of the week. I would not personally chase after the price now. Miners are not going to the moon all of a sudden now.

I expect more manipulation games ,as the "bottom zone" gets set up, and MSM starts pumping the idea that miners are a bargain, that "Soros is buying miners" and whatever baloney is used to engineer the next chapter of the game....to sucker in fresh longs, in order to fleece them later on.

I refuse to buy anything but the lowest bottoms on the chart.and PVG is about the only miner I care about . Very few others.

AG, First Majestic, considered the best in class silver miner, made a triple bottom at 8.80 last week....a technical place to buy. the next day it plunged to new lows, lower than 2013. it fell 8 % lower.

Best in class silver miner. new multi year lows.

Its actually amazing that PVG has held up like it has.