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 and Silver Mining Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (293)6/6/2000 12:26:00 PM
From: goldsheet  Read Replies (1) of 4051
 
> will be a mess for many (perhaps explains the muted little XAU rally)

While I agree that the XAU rally is a little muted, I suspect it is due to a short covering rally in physical bullion that is not carrying over to the gold stocks. I think it will correct itself in the futures market without the need for central banks to "swamp it"

Meanwhile, the great offender in the XAU (aka ABX) just hit a new high for the year, while NEM is 25.75 vs 27.75 on May 4, AU is 21.75 vs. 28.75 earlier in the year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News