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

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To: Anchan who wrote (39948)12/31/2012 9:45:25 PM
From: gold$10k6 Recommendations  Read Replies (3) of 48092
 
Yes, 13% gold bullion, 45% silver bullion, the rest cash.

I expect SPX to reach the upper blue line of this chart... probably in March... and to continue sideways into May. If so, then during this time PMs could make new highs. If and when SPX then begins a decline to the lower blue line on the chart, I have no reason to believe that PMs will do any better than in 2008, but we'll see.

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