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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: denekin who wrote (47652)1/29/2000 11:10:00 AM
From: long-gone  Read Replies (2) of 116759
 
<<I get the impression, but it's just an impression, that some of us assume gold should go up as the market goes down...isn't the fact that PM equities tend to go down with the overall market and then take off, days or weeks later...is there a general consensus or group speculation on this? I am talking about when there is a flight into PMs as other equities go down... >>

If one looks back at some history, it is see to have gone up "as" the market declines only around 35-40% of the time. If the decline lasts quite some time there is often a lag involved.
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