SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gold$10k who wrote (31142)9/15/2011 12:00:54 AM
From: gold$10k  Read Replies (1) of 48092
 
re: "I think gold bullion could probably drop $500 an ounce from here, and gold stocks could still accelerate higher, while that happens." - Stewart Thomson

So far, it is not different this time... since their respective highs earlier this month, GLD is down 4.65% while GDX is down 5.69% despite the fact that GLD peaked 3 days earlier than GDX. i.e. GDX has fallen further in less time..

Message 27619464

Yet I agree that miners constitute a great value that will likely be realized once this decline/consolidation is over, but that, too, is not different this time. <g>.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext