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


To: goldsheet who wrote (95114)5/24/2003 7:17:37 PM
From: yard_man  Respond to of 116836
 
>>Unfortunately, it is not carrying over to the gold stocks.<<

He said it was probably entering a volatile phase -- I agree. Hasn't really been that volatile yet, in real terms and in terms of historical swings (another good argument for us having passed the bottom and now being in a bull market, not a bear rally, as bear rallies tend to be more volatile).

I think we've seen a few daily moves around +/- 9 bucks -- I expect as things develop in the next months we'll see +/- 3x or even 5x that in daily moves. The shares certainly will move on swings like that -- might not be everyone's preferred direction all the time <g> but the shares will move when gold swings that much.