xgd hits at least 120.

Lets face it the market overall is abysmal and could get much worse. As the flight to gold occurs it will first occur to quality. That is only a 35% appreciation on xgd and investors will still be leery of going to the speculative stocks.

Around this time the smart ones will start to look around to discover micro producers and near prodcuers ... depending how quickly it begins to escalate at that time, the appreciation begins and the entire micro sector will start to heat up.

Might be wise to accumulate yourself at the first sign of micro take off.

I will be very surprised unless significant new news occurs for any micro to see much appreciation until xgd has a biggish run.

Orgy