High cash burn rate for Yamana gold and P&F sell signal continues. I have made a lot of money in AUY--first holding Desert Sun Mining prior to Yamana gold takeover.
Plan to buy TGB P&F double top breakout and IBD A- rating with Barron's Stock Grader buy at 62.3 score--Positive news at www.streetinvesting.com. TGB closed at $4.18
Also will buy two silver stocks ECU Silver Mining ECUXF and Silvermex Resources SMR on TSXV
Today August gold was down $2.30 to $662.10. The $HUI Goldbugs index was -1.54 to 353.07
The broad stock market seems to be in a trading range. There have been 5 disribution days for S&P 500 and DOW.
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