Gotta say it's hard work being a goldbug. Perhaps we are in the
company of fundamental smarties (?) who are trading
non-sophisticates!
Why else these common huge rushes in at day's start followed by
being pushed all the way back on nothing volume? Check out the 5 m
vol over the last few days (GDX). Or is there a better
explanation
And considering the huge vested interests the economy coverup
guys have in keeping it down for appearances sake, it will be
difficult till the momentum guys really jump in - but when they
do..! And then just wait for mom & pop!
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Gotta say it's hard work
Posted by kreem on 11th of Jul 2008 at 11:41 am
Gotta say it's hard work being a goldbug. Perhaps we are in the company of fundamental smarties (?) who are trading non-sophisticates!
Why else these common huge rushes in at day's start followed by being pushed all the way back on nothing volume? Check out the 5 m vol over the last few days (GDX). Or is there a better explanation
And considering the huge vested interests the economy coverup guys have in keeping it down for appearances sake, it will be difficult till the momentum guys really jump in - but when they do..! And then just wait for mom & pop!