One of few greens on my list was Tara Gold and Tara Minerals. Both so under priced, even the capitulation in the commodities today couldn't keep them down Gold has to maintain above $820 or we will see 776 as next resistance level. Obvious msnipulation to try and keep US dollar strong. The Chinese Markets are in free fall. If China does not have monies to buy USA dollars, then only a high dollar vis s vis thr euro will prevent a collapse of USa dollar or huge hike in Fed interest rates which will further erode US credit Markets. This is a bad scenerio ,unless today was capitulation day in the commodities snd we see a significant rebound in coming days.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.