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

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From: ItsAllCyclical9/1/2011 3:53:21 PM
2 Recommendations  Read Replies (1) of 48092
 
If I were Paulson I'd be using every spike in POG to unload my paper tiger GLD and use ever dip in GDX as a chance to accumulate.

zerohedge.com

When, not if. Still think GDX has lower to go first before busting out in a big way, but prepared either way. Today is certainly some nice action, but don't think SPX is anything more than a DCB. Today SPX not holding GDX back but I'd like to see how they'd act with the vix up 10% in a day. Hoping gold cools off and consolidates longer.
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