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

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To: KevinKT who wrote (28152)4/19/2011 7:00:28 AM
From: Wade  Read Replies (3) of 48092
 
Thank you Kevin. It is best to analyze the ratio chart of GDX/POG to estimate the time for conversion between stocks and metals. Besides what you said, it works best when both PM shares and metals both are in a bull market and when the premiums of these closed-end funds are very low or negative, which means they are over sold and ready to rebound at the first place. These advantages will diminish and turn into risks when the premiums are too high.

Good trade. <G>

BTW, you need to factor in currency exchange rate if you plan to trade metals in Cando.

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