SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.87+3.9%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (11459)5/9/1998 11:32:00 AM
From: Crimson Ghost  Read Replies (2) of 116842
 
Bobby: the question of what gold stocks will do when the market tanks is of vital importance.

My take -- depends on how high gold is by that time and why stocks tank. The higher gold has gone, the more vulnerable it will be.

A stock market crash because of fears that AG might tighten aggressively would undoubtedly be bearish for POG as well. But a crash because of a plunging dollar, year 2000 fears, middle eastern war, etc probably would send gold soaring even as the Dow plunged.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext