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 : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (1113)12/6/2003 2:02:41 AM
From: Andrew  Read Replies (1) | Respond to of 48092
 
Hi Wade,

I did in fact buy back into 4 majors today PDG G K and AGE.

It was a good trade I got them back cheaper and lowered my average cost. Seems to me like USD is under a lot of pressure right now and that is reflected with the higher gold price.

These gold stocks look over bought to me but that does not mean they cant go even higher.

I feel like I will have to be a trader now with these larger cap stocks but I will likely continue to hold my juniors.



To: Wade who wrote (1113)12/6/2003 11:48:59 AM
From: Wade  Read Replies (1) | Respond to of 48092
 
I am watching this chart closely:

stockcharts.com[w,a]waclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

My bet is that S. A. government will figure out a way to save the gold industry and the rest of export business. The short term support is at ~2400. We shall see.

ASA is trading at ~10% discount of NAV as of Friday. I am glad that I am still holding SOA as my hedging position.

Wade


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News