>> The golds have been holding up wery well with the $17 slide in price. <<
Over the past 4 months, I have been in and out of EGMSX, NEM, and ABX and have done nothing but lose money. Yes, my "timing" has been poor, I guess, but I just don't trust gold. Seems to me that every time the market tanks big, guess what ?!? Gold tanks along with it!!! [And everyone on this thread, myself included, is worried about the market tanking in the near term]. Plus, there is the unknown of how much reserve the European banks are going to hold to back the Eurodollar, and this info won't be available till the middle of May, according to understanding. I wonder if gold is sliding because someone knows they are planning on selling and not holding much reserve? Someone talk me into buying gold now instead of staying in cash. Please!!! |
