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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: maxncompany who wrote (17454)8/3/2006 10:54:15 AM
From: LLCF  Read Replies (1) of 78410
 
<Since when are violent and deadly geopolitics not deserving of affecting the POG?>

Obviously they 'affect' it... short term. Long term? Well, we've also had plenty of all that during a 20 year bear market in POG and it obviously didn't mean bupkiss. Besides, the PM stocks are portending lower POG, I'm just guessing why.

I don't think it's a fringe position to speculate that equity investors don't think this (latest flare up) is that important, while PM traders are simply reacting out of fear of getting hurt by short positions or whatever. Looks obvious to me in fact... but that's JMO.

DAK
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