Friday, October 10, 2014
Gold miners marching back up?
BTG is marching back up, finally. I felt a little dumb yesterday having bought $10K worth at the Wed top, but feel better now. The past 3 days show a governing EMA breakout, a governight EMA retest, and now a march back up.
Maybe I'll buy more.
Rio is also marching back up strongly.
However my other faves Premier, Asanko, DPM and Silvercrest are still doing nothing that would inspire me to buy them right now. So I guess this is a very choosy rebound.
Oh, also, there's a few weeks before Nov comex settlement, so we might be in one of those week-long safe zones.
Plus it turns out India is still buying gold - more on that later.