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Gold/Mining/Energy : Vista Gold (VGZ) -- Ignore unavailable to you. Want to Upgrade?


To: goldbug who wrote (326)10/5/1999 10:20:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 379
 
Goldbug, the majors move first, the juniors are the last to move. However, I personally don't believe that this move in gold is real, it's just short covering after a long decline. There is no basis for increased supportable gold price IMO. I won't begin to tell you what to do, but I have been taking profit from all my gold investments when they appreciated over 20%. IMO eventually the short covering will end and POG will return to $280-300/oz.