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Tuesday, 07/11/2006 12:12:48 PM

Tuesday, July 11, 2006 12:12:48 PM

Post# of 19037
Miners/gold looking like they could have another leg up here, but most PMs are lagging the surge in gold today. Silver stocks not doing much better. Ahead of G8 and Bernake testimony I think I'll continue to wait. On the plus side PMs are moving counter to the general market more and more. Not sure what today's catalyst is w/respect to gold. Maybe potential sanctions against N. Korea by Japan? Dollar isn't doing much. Japan will likely raise rates tomorrow maybe this is just sell the much aniticipated news?

Indian train blast responsible for gold move today?

http://www.cnn.com/2006/WORLD/asiapcf/07/11/mumbai.blasts/index.html

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