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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (15078)9/20/2008 9:33:06 PM
From: riversides  Read Replies (1) | Respond to of 29622
 
silver stocks were up too....?



To: ItsAllCyclical who wrote (15078)9/21/2008 1:51:52 AM
From: maxncompany  Respond to of 29622
 
Homestake became very profitable when POG was changed overnight from $20 to $35.



To: ItsAllCyclical who wrote (15078)9/21/2008 7:39:07 AM
From: SouthFloridaGuy  Respond to of 29622
 
I got the same impression. Something about GLD doesn't feel right anymore because of the US Gov't wildcard. I could envision the commodity ETF's being banned, there was already a lot of conversation regarding USO until oil fell.

Though the gold stocks have fared worse for some time, they may be the better route to owning gold, especially since the mining assets are located abroad.