The Really Useful Gold Thread

thnx for the Chart, TPaul.

Looks like it may rise a little further, but I am still short-term bearish,
and have a few Puts on: NEM, GLG, GG; bougt yesterday.

I suppose that a small a-b-c up (we are finishing "a" perhaps), would complete the upward bounce in Gold. Gold shares may be done already. And then we can see a deeper fall to perhaps Gold-$480, maybe lower.

i am still LONG thru owning Junior miners, some of which are pushing to new highs now, as gold corrects. Following are three examples, where I took placements two to three weeks ago:

Acadian Gold (v.ADA): pp at $0.25


Exeter Resources (v.XRC): pp at $1.30


Jinshan (v.JIN): pp at $0.50


A bit of luck, I suppose. But it shows you can make money in juniors while Gold is correcting.