Replies to post #441 on NovaGold (NG)

[New Waters]

NG - long term, GOLD goes up to new highs, IMO.

Didn't expect Gold to take a $40 hit today. QE3, etc. makes no sense, other than ELECTION PPT (like the 7.8/7.9 numbers, "uh-HEM!")

Who is selling the gold stocks & who is buying? ... transfer from "mom & pop" folks to cartel large pockets (read conspiracy ... LOL)

Got a few at the gap fill (no bounce), then a second helping @ 4.68 ... waiting for dust to settle before adding more. Next support levels looks to be around $4.50/$4.40 area.

Novagold is one of my FAV miners ... sitting on a "LOAD" of "GOLD!"

Amazingly, NG retraced 100% from the run which started on Sept. 4 - $4.67 to $6.28

Where are the TA experts when you need them? HA!