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

To: Horgad who wrote (78148)1/25/2007 3:13:46 PM
From: orkrious  Read Replies (2) | Respond to of 110194
 

Gold stocks are saying the positive move in the gold price will not stick.

I was just thinking about how well the gold stocks are holding up given the carnage in the stock market.



To: Horgad who wrote (78148)1/25/2007 3:22:12 PM
From: Mike Johnston  Read Replies (1) | Respond to of 110194
 
Maybe they are reacting to weakness in stocks and oil, also GFi had some bad news.

In the last few days i noticed that any downdraft in oil was hurting gold stocks more than oil stocks, despite stable gold, which totally doesn't make sense as gold mines benefit from cheaper energy costs.


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