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beauanderos
Penny Collector Member


USA
388 Posts
Posted - 11/03/2009 :  19:57:44  Show Profile Send beauanderos a Private Message  Reply with Quote
The buying in the mining equities I track was too tight today to be a coincidence. I think some hedge funds waded in today with some heavy buying Silver stocks SVM up 7.21% Gold stocks NG up 13.21%
SSRI up 7.69% GG up 7.97%
PAAS up 7.67% AEM up 7.53%
CDE up 8.66% AUY up 8.05
EKX up 8.73% GDX up 7.70
HL up 18.00%!
Aside from a couple of anomalies which might indicate particularly heavy trading from private and institutional investors there is just too tight a band not to indicate that some pretty heavy money showed up today across the boards dwarfing the normal inflows and thus
resulting in the effect noted.
Hoard now and hold on!

http://coppermillions.blogspot.com/

beauanderos
Penny Collector Member



USA
388 Posts
Posted - 11/03/2009 :  23:11:00  Show Profile Send beauanderos a Private Message  Reply with Quote
Could it be because most of the gold stocks traded at near double or greater normal volume, and the silver equities traded near 150% of normal? Paralysis from overanalysis
Hoard now and hold on!

http://coppermillions.blogspot.com/
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beauanderos
Penny Collector Member



USA
388 Posts
Posted - 11/04/2009 :  13:41:28  Show Profile Send beauanderos a Private Message  Reply with Quote
Well, back to their old tricks again. Gold and silver up but some of the stocks down on "profit-taking" I'll bet they say!
Hoard now and hold on!

http://coppermillions.blogspot.com/
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