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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (45642)11/16/2005 11:48:52 AM
From: Rarebird  Read Replies (1) | Respond to of 110194
 
>>True but most junior gold miners are still in the tank which makes little sense given where the price of gold is today and the strong stock currency of the top tier<<

Perhaps it is just a "new era" in Gold Stock valuations? The fact that the XAU and especially, HUI cannot make new 52 week highs on this move in the POG is bearish.

Looks like $500 POG will represent a good short sale.

However, longer term, I expect Ben Bernanke to be the best friend the Gold Market ever had as the POG marches way beyond new all time highs.