OK,
The summer consolidation for the miners is over. Looks like it ended a little earlier than usual this summer.
Gold is back near its highs, and GDX and GDXJ and many of the junior miners are showing fan-freak-ing-tastic inverted head and shoulder formations, and are trading at a discount based on the fact that most will need to appreciate 20-30% to get back to there May highs.
The euro is imploding, and gold has busted through the old high as priced in Euros and Pounds. The only reason the dollar will rally over the next couple of months is that the Euro is in serious trouble with the oinkers, and the world will deem the Euro the most worthless piece of toilet paper in grand scheme of worldly toilet paper.
So buy, get back in there and buy, I tell you.
Until the next time...
Fiat Doubter
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