people are going crazy at the moment, thats all. margin getting triggered all over the place. usual sheeple selling along with everyone else coz they want to fit in with the crowd. solid stocks are getting hammered. then stocks like EVG are up 16% on nothing. well not nothing, they are a great stock and will benefit well from the gold trend. but a few days ago they were 15c. and a few days ago gold was a lot less too. might be a lot less in a few more days with this volatility. doesn't change their plant timeline, production costs and profit forecasts. its this volatility that you want to either get on the right side of or just stay out of.
gotta sit tight through these times and pick up the loose hands. all rationality goes out the window when people all head for the exits at once.
loads of global debt. more easing to come. can't go wrong with silver...
CJO Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held