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Gold/Mining/Energy : Gold Price Monitor
GDXJ 142.09+5.5%Jan 22 4:00 PM EST

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To: long-gone who wrote (57581)8/23/2000 6:46:28 PM
From: Zardoz  Read Replies (2) of 116901
 
Any more thoughts on why xau down so little with gold down so much?

Many thoughts...
But why do people still buy gold stocks when gold is dropping: Because some mutual fund, broker, producer, speculator; thought maybe there is value in gold stocks. Maybe they haven't taken into account fuel prices and how that effects marginals on costs. Maybe they are just covering. Who cares why the XAU didn't fall as Gold did, it's only one day. You still have time to act: Buy, sell or hold.

Hutch
Ooops: did I say BUY... lol no.
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