Must be tough to be on the short side here, how many can't trade as NYMEX closed?, Short day as well. breech and close above $630 is technically bullish, on holiday etc.., I think Monday must be scary to many. Crude coming back post election as expected, dollar just fell out bed technically again, new round of trying to find an area to try to stabilize. IMO if the USD does not bounce back above quickly you will see gold back to its highs very quickly. All along I have been thinking by Christmas and sure looks like a good bet.
Yes US economy is slowing but China and the like want all there is. Until at least Olympics in China commodities in short supply.
Holding and adding for few weeks now as you know here. HL SSRI still very outstanding.
Have taken sizeable position in NG for a number of reasons. Agree a new floor under NG due to end of ABX 50% rule. Many suitors in the wings, that will step in as ABX is defeated.
BGO and KGC still look very good as IMO they should at some point make up the amount KGC lost on its bid, who knows when but it will come. About on KGC $1.50USD.
Continue to hold BGO and glad I did. Stellar move today, but still lags others.
Good Luck Out there and Happy Thanksgiving to all.