Replies to post #1668 on Barrick Gold Corp (ABX)

[JohnCM]

Under 20.00 should be safe ...

[goldfork]

I read a news flash about tsx trading thin in June. Never know.

[NYBob]

snupoled welcome to Barrick Gold Corp. (ABX :-)
I think you made a very smart strategic bottom picking move -
following mark # 1 to you -

Gold Trader: “Stock Market May Crash 10-20% In Next 5-10 Days,
Will Create Setup For Bubble Phase In Gold”
June 2, 2013 | By Tekoa Da Silva

Note.
This fragile equities market plays a key role in determining gold’s
next move according to Gary, in that, “When it breaks, the Fed is
going to freak out, [and] they’re going to double, triple, and
quadruple down on QE to try and pump stocks back up, [and] that
liquidity…[is] going to find something else…I don’t believe it’s
going to pump up a double parabola in stocks…[It's] going to look for
something that’s undervalued…and that right now is commodities in
general, more specifically—gold.”

http://bullmarketthinking.com/gold-trader-stock-market-may-crash-10-20-in-next-5-10-days-will-create-setup-for-bubble-phase-in-gold/

The Got Gold Report's Gene Arensberg flashes tonight that U.S. banks,
some of the four biggest commercial traders in gold futures,
have reversed position dramatically in a month from net short
to strongly net long.
Arensberg's flash is posted at the Got Gold Report -

http://www.gotgoldreport.com/2013/06/gold-and-silver-disaggregated-cot-report-dcot-for-june-7.html

http://www.gata.org/node/12667

http://rense.com/general88/hist.htm

http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425#ixzz2VMtDjuK4

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