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 Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (68263)4/25/2001 8:46:39 AM
From: Crimson Ghost  Read Replies (1) of 116762
 
Gold stock price moves seem much more closely correlated with lease rates than POG lately. When POG jumps, gold stocks usually lag on the assumption that the commercials are using the spike to cut long positions. But soaring lease rates are something else entirely -- reflecting the possibility that the CBs will cut the supply of cheap leased gold to short-sellers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext