Gold $565+

DROOY is back above $1.40. If you got in at the low of about 1.22, you now have unrealized profit of $180 per 1000 shares. Not bad for a week of risk. That is how the gold shares can go. Do they always go up? NO! Long term, I believe they will be much higher. If you are selling into the rally, I suggest you use a 5 or so percent trailing stop. Since I bought more near the low, I have done this with a few shares. No, I am not getting back to full trading, except for a very few shares.

The general market measured by the DJI is down 30+ dollars now. Gold is now at $566.60 off a bit from the morning high of $568.10. It is bouncing around some, but at this higher level. I has broken about $8 above the short term down trend of lower highs which is, technically, a positive sign indicating possible higher prices in the near term.

I hope that you had a great day of worshiping the Lord in corporate service yesterday. We had a great worship service and time of fellowship in the early afternoon. It is such a joy to fellowship with the people of God.

Best to each, Doug