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To: lindend who wrote (103146)	8/8/2011 5:52:37 PM
From: Dale Baker	Respond to of 118717

Precious metals aren't my thing 99% of the time but I know that others here follow them. I glanced at the major gold stocks and saw they were mostly even (ABX, GG, NEM). That's better than anything on the SPX.

To: lindend who wrote (103146)	8/8/2011 6:22:08 PM
From: Sober	Read Replies (1) \| Respond to of 118717

The gold miners refuse to participate in the gold rise and fall for several reasons. 1. As the price of physical gold continues to rise, it can hurt a mining company, especially if they may be leveraged at lower prices. As gold goes up, their promise to sell cheaper will keep their company stock price down. 2. There may be other financial instruments that have a bearing on the stock price of the gold producing company. These could have to do with secondary issues of stock, such as preferred or other items that have a bearing on the company. 3. Also, the timing of getting the ore out of the ground may be too far in the future to be sure of how much it will be worth when they are able to produce it, ready for sale. For more information on gold and silver, read Sinclairs site each day. jsmineset.com or check out the articles posted on GATA gata.org or check out the other sites on SI... Subject 16587 Sober