Gold Price Monitor Message Board

STOCKTALK

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 113.76

-6.4%

Dec 29 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rolatzi who wrote (74327)	8/1/2001 5:58:04 PM
From: Rarebird	Read Replies (2) of 116834

I plan to be net long gold stocks by the first of the year for a very nice rally. However, I see further weakness in the Euro here, due to tax considerations, which I think will bring the POG down to challenge its 99 lows at the very least. I'd like to see new lows in the POG. It would be very bullish if the POG hit marginal new lows while the XAU held above its October 2000 low. I'd cover in a flash if that occurred and go net long. That would be very bullish. However, the recent tremendous underperformance of the gold stocks in relation to the movement in the POG indicates that the decline in the POG and Gold Stocks are far from over. Roasted Gold Stocks is what I continue to see for the month of August. Got Gold Shorts? Got Puts to hedge long gold equity positions?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next