Yamana Gold Inc (AUY)

[peng]

The paper market does suck on a day to day basis... but the feeling of doom and gloom is overwhelming everywhere I look (except the actual price of gold on the comex which is still $800 for crying out loud)... further, OIL continues to fall every day while gold holds its ground by comparison. The dollar also has gone up while gold remains flat... the next round of earnings that will come out in January/February for our favorite gold players will show drastically higher % earnings as a result of these changes in the overall market - that is of course assuming gold doesn't head toward $6xx ---> for that reason... I feel that some gold stocks like AUY have installed a bottom... others, not so sure... but FCX, AUY, NEM, ABX... bottom is here, it's now... it's over... IMHO.