Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

chainik....

Yes, I still have PMU, and your description of it as a POS is quite accurate. I can only be thankful I only have a small "crapshoot" type position.

All the gold stocks are lagging the POG badly. I suspect they are expecting a significant pullback in the POG from a DCB in the $USD. Should the POG continue rising and make new highs, the stocks should do a dance as they run the shorts big time.

If AG is to keep the rally going, he will have to do just that - rally the $USD for a DCB, but if it drops again to new lows gold could take out the old highs - the proposed new gold holding stock could give it extra momentum.

mlsoft