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Gold/Mining/Energy : Gold Price Monitor
GDXJ 99.85+6.2%Nov 24 4:00 PM EST

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To: The Street who wrote (66319)3/21/2001 12:49:40 PM
From: goldsheet  Read Replies (2) of 116764
 
> if Gold moves 12% then Gold Stocks will move 100% or more

Historically about 4:1, so a 12% move in gold MIGHT provide a 48% return on average.
Of course there are times when it goes more or less, and sometimes not at all.
The mathematical correlation between gold and gold stocks is not very high.
They have even gone opposite ways. In a serious stock market crash (1987) gold went up while gold stocks went down.
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