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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: alburk who wrote (20314)9/12/2003 3:15:49 PM
From: gold$10k  Read Replies (1) | Respond to of 39344
 
Andy,

It's not that the chart of HUI/XAU looks bad, but the POG appears suspect and I would expect da boyz to sell this situation, especially on a Friday. Moreover, it's a matter of risk/reward. Even if more money is to be made in this sector, the current risk IMO does not justify having as large as position as previously.

vt