Loading ...Maddog – yeah that’s pretty much my take on things too. Gold kept in check, pm shares allowed to move higher within the range we’ve been in for awhile – HUI 150-180, as long as the SM is up, it’s all good for the Cartel.
I do think Ipso has a point about tax loss selling, it may be coming to an end shortly and I also believe we could be in for a nice rally into the new year for the shares – as long as gold and silver are stable. If we rally in the metals, then we could rally hard in the shares.
Things in our sector are just so ridiculously oversold, they are due to bounce.
I don’t buy that the Russians are selling their gold on the open market, to China maybe, but never to London or D.C. Unless Putin is a NWO tool, I doubt he’s selling any gold. I still think Monday is a day to watch to see if the new CME rules were put in for a reason, or mean nothing.