Replies to post #818 on Sandstorm Gold Ltd (SAND)

[JohnCM]

I get the feeling that the death of GOLD is ending within the next 3 trading days. The only question now is how forceful will the reversal be?

BofA Merrill Lynch technical strategist MacNeil Curry argues today in a note to clients that "further gold downside [is] limited."

JIM SINCLAIR ALERTS CLIENTS TO BUY GOLD NOW !!!!! "Google Jim Sinclair June 27, 2013 ; its all over the news . And despite missing predictions in the recent past , he has a massive following. He has e-mailed his followers that when gold hit $1,200 earlier today, he has begun taking measures to invest all he possibly can personally afford to do so at this price level. And he strongly recommends his clients do the same and go ALL IN at this level. GLTA Longs in GOLD for the long haul."

[wshaw14]

IMHO, it is the worry of SANDs exposure to possibly weak companies in the current PM environment. Many have gotten scared off. I am not worried about the medium or long term prices of PMs, but many are. Great opportunity to re-accumulate here.