BDR 0.00% 6.5¢ beadell resources limited

News: BDR Beadell Resources Announces Board Restructuring and Mining Contract, page-70

  1. 6,436 Posts.
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    hes' quite possibly right about gold being about to spike

    according to a webinar from a US group several months ago that follows historical charting data - history's big PM equity bull runs (80% plus) typically require gold to sell off to below the recent low before a big spike up

    - ie a big false breakout downward before reversal

    what we;ve just seen would fit that description

    my point about hot air wasnt to say it was the wrong view. just that he offered no facts to support the opinion

    we'll see in coming days

    worth noting that the HUI barely budged last night
 
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