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


To: polarisnh who wrote (19853)10/28/2009 9:01:48 PM
From: ecrire  Read Replies (3) | Respond to of 29622
 
I hope your persistence eventually pays off.

Looking at AEM's results, I would stick with bullion, not mining stocks. If they can't prosper with $1,050 Gold, why own them?

Agree about monetization but the effect is muted as money sits in banks and not lent out. Broad market, US Dollar, Gold, Oil all linked these days and the immediate prospects looks grim.

I had expected to go long Gold sub 1,000( not mining stocks.) Will stick to that.