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Well, GG's report was received negatively but premarket activity shows that money flowing out of GG is already plowing back into the 4 other big PM stocks, ABX,NEM, AUY and SLW (who have already all reported) leaving GDX slightly up. It will be very interesting to monitor GDX MF from this neutral position.
Will the true final catalyst be tomorrow's job report as clearly FOMC, ECB and GG were not enough?
Billy
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