Replies to post #75487 on Zeev's Turnips Patch-No Politics (ZEEV)

[Public Heel]

Depends on the time period you look at. Yesterday/today are OK. Include Monday, and it sucks. Besides, why is the POG collapsing? We are getting closer to war every day, and it does not look like it will be a war that is sanctioned by the "international community".

[unctarheel]

George,
Who are you favorites in the goldpatch?

[Claude Cormier]

George,

Gold stocks are holding better right now simply because they are taking this opportunity to reconnect with gold.

Gold $350 is important here. It is on the 50 DMA and just below the 50% retracement. On the other hand, $355 is gone although it should have been major support since it was major resistance on the way up.

I think we could easily retext the breakout triangle where the 200 DMA is.

Still there are some excellent bargains shaping up.