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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (17644)4/24/2010 2:28:51 AM
From: Wade  Read Replies (1) of 48092
 
The first chart is the XAU/GOLD ratio during the last 10 years. You can see the current ratio is still below those before their 08 crash. Actually these major gold stocks in XAU are still very cheap if we also include their future potentials. It will be a 47% rally if the ratio only recover to 0.22 from 0.15. Don't sell these money making seniors just yet. Good luck.
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