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


To: ItsAllCyclical who wrote (31018)9/1/2011 11:01:49 PM
From: gold$10k  Read Replies (1) | Respond to of 48092
 
Today SPX not holding GDX back but I'd like to see how they'd act with the vix up 10% in a day.

IMO that is what the market wants to know. In the meantime, it is not willing to sell its PMs... neither metals nor miners. The other "test" that I am anticipating is Tuesday when Da Boyz get back from their summer away from the markets.

58% long PMs. 2/3 of that is hedged.