Replies to post #318 on Justa's Dive Bar

[chainik]

Saville is in your camp. Chan too.

http://www.321gold.com/editorials/chan/chan121106.html

I'll buy HUI 330, sell 370...Whatever comes first. I like HMY as a trade.

I don't think juniors will move down even if HUI declines.

PS I tried to read Hamilton a few times in the past but never was able to finish. So many words...He is probably getting paid for volume, not for content :)

[Ace Hanlon]

I see two major divergences in the gold sector -- one bullish one bearish.

On the positive side the HUI continues to act much better than gold bullion.

On the negative side the gold rally failed at $650 resistance despite a drop in the dollar near its cycle low and bullion pulled back sharply once the buck bounced.

I would like to see bullion start to ignore dollar strength before getting short-term bullish.