Look at NEM (Newmont) go this am even after a $100+ drop in POYG recently!!! ABX is not far behind!

The 2 biggest albatross's on the entire sector since 2006 have been these 2 PIGS. hedge funds were so sure they can make money shorting entire sector was primarily based on the simple fact: if the 2 biggest Gold producers cant make money at Gold $1500. $1600, $1700 , there is NO WAY anybody else can make money, ESPECIALLY the juniors!!!.

Scum were 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} correct and cleaned up WHEN YOU ADD THE FOLLOWING KEY VARIABLES:

 removal of "up tick" rule, the legal CREATION  of "anonymous" broker on Toronto stock exchange ALSO IN 2006.

Now the tide has fully turned!!!!

It will take time, but when the nemont and barrick PIGS start to make money, all else will follow, because capital flow into the sector will come back!


Goldlion out!

This entry was posted in Alerts. Bookmark the permalink.
Translate »