“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Lost City of Gold Lost For Now
Eldorado Gold broke the long term trendline earlier this week, as well as breaking down out of a six month symmetrical triangle. We wonder how much fear related to recent public uprisings in emerging markets is embedded here, as the company produces gold in Turkey.