Replies to post #122847 on Zeev's Turnips Patch-No Politics (ZEEV)

[mainehiker]

i will probably add to miners today..its a false break imo

[Bernard_Barouk]

Gold stocks strength hotter than a pistola.

On a $30 drop in gold (8%) HUI has dropped 11 points (7%).

Folks, on average, gold stocks move 3-10 faster than bullion, depending on their individual leverage to gold prices.

[mlsoft]

George...

The pullback in gold is not surprising given the COTs and the obvious desire of the big boys to prevent gold from breaking through the $363-365 area. I am adding some on this pullback though, because I do not think they will be able to hold the $USD up or the POG down for long. I may well be wrong (no virgin at that) but that is the way I am playing it.

mlsoft