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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.93+0.8%Jan 9 4:00 PM EST
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To: long-gone who wrote (74285)7/31/2001 11:23:39 PM
From: gold$10k  Read Replies (2) of 116845
 
Those are gangbuster numbers that HM put up, especially compared to a year ago. But as to whether that will shore up XAU and HUI... I don't know. Sometimes it seems like the POG and the gold stocks are on different frequencies and you have to wait until they get in sync before there's any significant movement. Until then, the market seems to either ignore good news or celebrate it one day and forget it the next. I don't sense any imminent rally or downdraft, but then again... this is the gold market.
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