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Gold/Mining/Energy : Sandstorm Gold
SAND 12.12-6.0%Oct 17 5:00 PM EST

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To: PaperPerson who wrote (42)6/7/2010 5:46:17 AM
From: TheSlowLane   of 1133
 
Brimelow says:

No one seems to understand gold shares' malaise. Unlike gold, they have yet to approach, let alone exceed, their last December highs. Some blame the rise of the gold ETFs like SPDR Gold Trust ETF (GLD 119.19, +1.23, +1.04%) which expanded its bullion holdings to a record this week) and the closed end Gold Funds like Central Fund of Canada Limited (CEF 14.59, -0.14, -0.95%) and Sprott Physical Gold Trust (PHYS 11.80, +0.37, +3.24%) . But these are not leveraged to gold, which has been the gold shares' traditional appeal.

Could gold shares just be the last train to leave the station?


marketwatch.com
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