"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, December 17, 2010

Fronteer Gold (FRG)

It was appropriate to be bullish in late 2008 and early 2009.  Now, with this investment grade gold exploration (w/ a side of uranium) company, it is appropriate to hold on.  I sold a few other high fliers because my bottom feeding self could not take it anymore. But I'll keep FRG with the full knowledge that if the dollar rallies, gold sector fundamentals are likely to improve even as the herd thinks and reacts as if the opposite were true.