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Tuesday, November 10, 2009 10:01:40 PM
suffering similar punishment? I'm not terribly familiar with miners individual locations. But I would think more than DROOY are South African with this region being gold laden.
India just bought 200 tons of gold. Asian governments and European banks have been buying gold for a long while. It seems local currency and power costs have ripped quite a bit from this stock. Over done?
The chart has geography around 4, 5, and 6 bucks that may slow or correct price activity. Today was a good first indication - buying was superior to selling despite price.
Let's see if she digs her nails in here.
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