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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: prosperous who wrote (1455)12/23/2004 1:18:01 PM
From: goldsheet  Respond to of 18308
 
> If US stock market corrects substantially in 2005 toward the latter part,
would you still expect gold to keep climbing along with gold stocks?

If stock market corrects enough,
it can take gold stocks down with it (aka 1987)

> Do you think we may end up in a situation where between
metal and stocks ones moves and not the other?

Like 2004, where gold climbed without the gold stocks.
Look like gold will finish up about 6%, XAU down 10%

gold bullion and gold stocks still appear disconnected to me.
When gold went from 375-to-450 (+20%), XAU went from 80-110 (+40%),
but normally should have done 60-80%. XAU should have gone over 130,
but could not make a new high by breaking 112.88 (4 jan 04)

finance.yahoo.com