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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (59626)10/11/2000 9:08:13 PM
From: Woody  Read Replies (2) | Respond to of 116753
 
A open question to the thread .. can anyone please explain or have an idea why the divergence between the CRB and the XAU ? Seems to me they should be linked a little more closely than they are.

Thanks

Woody



To: goldsnow who wrote (59626)10/12/2000 12:43:28 AM
From: Rarebird  Read Replies (3) | Respond to of 116753
 
<PDG below $9, AU below 18, NEM below 16 is an easy 50-100% profit in 6 month time...>

Easy? ROFL. The easiest thing was seeing the new all time lows coming on the XAU!!!!!

I got some limit orders in well below the August 98 lows on NEM, ABX, PDG and HGMCY while the dogmatic rampant bullishness continues on GPM. By the time my orders get filled, GPM will be a ghost thread with not a bull in sight with the possible exception of Hutch and Bob Johnson.

As for my QQQ's, you should be so lucky with your goldie stocks. I was short the NDX from 4259 to 3700 and I have had puts as a hedge and protection here.

My NDX got one other thing you don't have with all your Gold Stocks: Growth

PS You just gotta love the impulsiveness of the decline in the XAU here. It's getting kind of feverish. But it's not over yet IMO.

Hope you had some protection on the way down.