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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: kayco who wrote (20091)6/26/2010 9:07:03 AM
From: Wade   of 48092
 
Yes, POG is near breakout point. It will tell us when it get there.

Gold is money and crude is commodity. They have different fundamentals, therefore, they don't necessarily correlate to each other. That chart tells me that crude is not money as is gold.

Silver has much stronger tie with the price of crude until it becomes money as well. The key of successful investing is to spot these changes.

Have fun. <VBG>
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