Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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

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To: rubbersoul who wrote (30929)	8/29/2011 8:36:10 PM
From: benwood	Read Replies (1) of 48092

One thing different this year from last year, imo, is that there was a bull market in general equities. Now there's a bear market, although a bear market rally at this point. The key for me is what happens between now and about four weeks from now when I think the bear market rally will peter out with the bear reasserting itself. Then what, miners? I'm still of a mind that gold will continue to correct in the next few weeks below 1700, perhaps below 1600. But I have a significant position in miners right now as I think they will do well during this general bear market rally.

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