The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (12125)	10/1/2008 10:26:35 AM
From: Follies	Read Replies (2) of 71479

There has always been a very high corelation between spot gold and the gold miners. I have held Tocqueville gold fund (TGLDX) for many years, but since december it broke down completely, ytd gold is up a few percent but TGLDX is down 30%! This dislocation has now occurred between gold and the HUI gold mining index starting in July. Maybe the end game is not that gold will be confiscated as that may be too unpopular, but that the gold mining companies will be nationalized to prop up the dollar. Does anyone have any other reason for the disconnect between the metal and the mines? It can't be paper vs physical because GLD is paper and that is up. Has anyone charted GLD vs london or comex recently?

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