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.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (58835)7/20/2002 8:16:02 AM
From: GROUND ZERO™  Respond to of 94695
 
Gold can go up while the gold related stocks move lower, here's why... if gold is moving higher on solid fundamental reasons, then gold is the buy... companies that mine the precious metal may have already been inflated in price in anticipation of rising gold prices, gold has a true commercial value to those who use it, this keeps restraints on the cash gold price from deviating too much from reality... stocks can do anything, this is why I wouldn't buy a gold stock... some gold stocks could rise while others fall even though gold itself is moving higher, it's just a horse race as far as stocks go, it's way too risky for me... the best bet, if you're bullish on gold, then buy gold or gold futures and forget the stocks... that's what I did.....

charts3.barchart.com

GZ