[youtube:http://www.youtube.com/watch?v=8Y88SaP4orc&feature=related 450 300]
God Bless our Veterans This Day… “to the Lost!”
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First, my thanks to all who serve and who have served. This is your day, God Bless.
Second, I just got back from my road trip so I’ll be brief. There’s not much more room in this dollar bounce, in my humble. In fact, I may amend my $79 target (the 13-week EMA) down to $78.60, which is the 50-day EMA.
No, none of these numbers ever work out exactly, like some sort of magic poodle act, but they are a decent guide for resistance levels — especially when we are entering overbought territory already. Behold —
And when that dollar starts turning down, the PM’s will start running again, with abandon. The silvers have hardly slowed down, but EXK would be on my radar screen along with the usual suspects.
Mostly, the gold juniors are looking the most appetizing here, specifically IAG , IVN and EGO. However, this knife catch will probably be my first buy when the dollar cracks its head tomorrow:
Ciao to you all, annoying Italianate friends. Go out there and buy a beer for a veteran or a current service person, and never be embarrassed to say “Thanks for your service!” to someone in uniform. They really appreciate it, every time.
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