Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: gold$10k who wrote (30625)	8/17/2011 7:28:11 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 48092

Guilty as every other trader of talking your book. Perfectly natural. What's different? Look at what happened to the USD last time in 2008 when the stock market started to correct. What has the USD done thus far with an almost 20% decline in the SPY? I personally would rather own GDX vs GLD as an asset class if I was only holding 30% exposure. I'm actually happy that you're so skeptical ST. I expect another pullback, but the recent lows on the GDX should hold. Even assuming a $200 decline in POG in % term this is far less than 2008 relatively speaking. Accumulate...