Friday, June 01, 2012 4:28:26 PM
Maybe !!
The Hearing is next week,
and $Gold has made a solid Technical move-up,
that will catch the attention of Buyers.
The Commission adjourned the hearing
to June 4, 2012 at 10:00 am.
http://www.bcsc.bc.ca/enforcement/Docket.asp?txtFileID=416
$Gold was up $60 today,
hitting $1,632 for the days High !!
The Gold futures have now hit technical levels that should look favorable to buyers.
A close above 1600 would be first needed,
but ultimately 1630 would be the target.
http://www.ino.com/blog/2012/05/chart-of-the-week-gold-2/
Golds climbing price, bodes well for Gold producers,
and explorers, and Miners.
Once Golds price gets a sustainable rally going,
the "retail buyers" will become interested
in the stocks of these companies.
Once the interest level becomes noticeable,
the MM's will begin to raise the Bid and Ask,
on these stocks.
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