Replies to post #154762 on Zeev's Turnips Patch-No Politics (ZEEV)

[mainehiker]

reminding me i did add more nem just .30 below high

[basserdan]

why is RGLD so weak here?
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Zeev, I really don't know, but if I believed in such things, I'd prolly opine that the 20day crossing the 50 day late yesterday caused some of the bandwagoneers to jump off...... <vbg>

Heck, RGLD only traded 373K shares today according to Datek streamer.....

[mainehiker]

zeev..on rgld.. ive emailed lance lewis (column writer) the rgld expert a day ago..he says hes puzzled and baffled too, and has noted the weakness but cant find the reason (which im sure there is, maybe the company doesnt exist and we are giving our money to crooks....nah that could never happen!)

[carl_p_r2]

Gold held its rally all night and is trading over $390 in NY. Silver also rose sharply overnight. Both did so in an environment where the dollar did not fall, and in fact rallied a bit against the yen. My guess is that the continued strength of gold predicts further weakness of the dollar ahead (and more trouble for the market).

Carl