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Re: Ace Hanlon post# 394481

Monday, 05/23/2005 7:09:26 PM

Monday, May 23, 2005 7:09:26 PM

Post# of 704041
Pretty unusual day: GLD is flat, HUI is up 3%, but some juniors are up more than 10% on no news (dez, gss, ego to name a few).

The latest COT was rather bullish, CEF was trading at 2% discount to NAV, commercials are now short USD. I wonder whether we've left a significant bottom behind.

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