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Re: JD400 post# 1138

Thursday, 06/28/2012 2:48:59 PM

Thursday, June 28, 2012 2:48:59 PM

Post# of 7332
JD,

I have enjoyed reading your posts as they are both insightful and well researched. My question is why is gold taking such a beating these days? I know it is based in the US dollar, but it seems the world's economies are going in the drink and quite rapidly. It would seem that gold would be very popular. I don't claim to understand all the issues, but McEwen Mining has resently doubled the known resources at both of the El Gallo and Los Azules projects, and increased deposits significantly at the producing Midera mine. These events coupled with production on the fringe of beginning and Argentina backing off of it's repatriation position, I would think this stock would be on fire. Do you have any insight or future predictions?
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