About todays moves

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Jul 11, 2013.

  1. SilverSanchez

    SilverSanchez Active Member

    Joined:
    Jan 17, 2011
    Messages:
    2,653
    Likes Received:
    13
    Trophy Points:
    38
    Location:
    Melbourne
    Im writing this at nearly 3pm,

    it is true stocks usually lead the metals and we may have seen the catalyst that will take the metals and stocks higher - ben's speach

    You cant really have confidence until silver breaks through $20.20 and holds above and gold breaks through 1410

    An uptrend needs to be established in the metals to confirm the reason why the stocks are moving higher
    So just keep that in mind before you get too excited

    Ive been buying and shuffling the whole time, high stress but i was confident - I dont think any of my producers actually started making a loss compared to all in cash costs - but we'll have to confirm that as the quarterlies come out. The drop in the AUD may have been our support on the downside, but could hold us back somewhat on the up side as well.

    Just my 2c
     
  2. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,502
    Likes Received:
    276
    Trophy Points:
    83
    Location:
    Gold Coast QLD

    TO Da Moon Baby!!!!!!!!!
     

Share This Page