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Tuesday, December 11, 2012

Market Musings, What next?

Looking at all things objectively, its hard to get optimistic on the markets.
However, we have had weeks of market movements that has been sideways action.
The US Dollar rose quite a bit, but now shows signs of weakening.

Once again, it isn't a bad time to buy a LITTLE more gold miners.  (GDX and GDXJ) The last two times I said this, we are lower than when purchased.

What is at stake here is global currency pressures, global economic pressures, and gold pricing.
To the charts!

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