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


To: TheSlowLane who wrote (31144)9/6/2011 8:44:32 PM
From: gold$10k  Respond to of 48092
 
I understand that it is possible that we are now in uncharted territory, so I continue to buy PMs on the dips and buy ever-cheaper put insurance on the pops. I don't care if my insurance "premium" is wasted. It will have allowed me to take on more short term risk and make more profits than would otherwise have been comfortable for me. At the same time, I find it helpful to note the signposts. <g>



To: TheSlowLane who wrote (31144)9/6/2011 10:57:31 PM
From: rubbersoul  Read Replies (3) | Respond to of 48092
 
Turk:

Mining stocks – On the runway, ready for take-off

It is not uncommon for the XAU Index to underperform gold from time to time, which is clear from the above chart. But just like night follows day, relative valuations and performance turn when they reach an extreme. We appear to be at one of those turning points for gold and the XAU Index.

fgmr.com



To: TheSlowLane who wrote (31144)9/7/2011 12:29:15 AM
From: gold$10k  Read Replies (1) | Respond to of 48092
 
It looks like ST's theory could be in for a test... POG down another $40.



To: TheSlowLane who wrote (31144)9/7/2011 4:32:10 PM
From: gold$10k2 Recommendations  Respond to of 48092
 
Based on today's action, I can see how the miners could go sideways or even rise while gold has its correction... by recovering their losses after each fall with the metal. We'll see.

stockcharts.com