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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (28587)4/30/2011 2:06:42 AM
From: benwood  Read Replies (1) | Respond to of 48092
 
I'm almost positive that Heinz B. said a few years ago that in the latter stages of a gold bull, the metal is the place to be. He either said, or I can presume it's because the miners begin discounting the sustainability of the rise in the metal price.

I would further think that the last big push of any cycle in the bull market would likewise exhibit a similar dampening effect on miner share prices.