I tend to agree that the PM stocks esp. money making majors have been manipulated down. Indeed it seems there has been a tendency for the big money to be shorting shares and holding bullion

Logic should dictate that a retest of 2009 lows should be an impetous for gold and gold stocks to go higher since they should be then considered the true safe havens. Seems these days logic has little do with the mkt.

The wild card of course is margin calls and the impact on all stocks including those which will still have some desire. I do not believe enough deleveraging has occurred esp given there are no really good low risk decent return opportunities.

Seems to me a retest of the 2009 lows will cause everything to get caught in the downdraft ... especially the juniors and explorers, but quality companies that are proving reserves like gwa, vio, vgm, gwy will be especially great buys to those with cash after.

I have missed the boat before and will no doubt miss it in the future as well as far as short term timing goes, but I have never seen any market crash with soldiers still standing in the past ... being liquid 50% cash should provide some opportunities.

hope others weigh in with their own thoughts, and thx for yours.

orgy