ajtj99's Market Pulse

[chainik]

Justa, I feel your itch (concering HMY and miners in general); I am afraid, however, that we may see rather significant correction in gold in the near future:

1. IMO $ is rather oversold and may rally.

2. If we get a little bit of panic and general market decline (I won't be surprised if we see this as well) then all speculative plays (including miners) will be dumpted.

I'd love to see gold below 400.

BTW, I think HMY (and SA miners) are much safer than others.