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


To: gravityz who wrote (42955)4/20/2013 11:50:41 AM
From: SwampDogg  Read Replies (2) | Respond to of 48092
 
Not to mention the dude is from GS. Kind of ironic and maybe even more than that. Armstrong has been going on for years about how GS gets people into positions of power. Sure looks that way when one looks around the world. Having an alumnus as the chair of the world's largest gold company is interesting.
Great point somebody made about the dropping paper gold price increasing the demand for physical. If we do in fact get another leg down in the ST there may be none to buy and that will get interesting. The comex may break if that happens and we are back to the 70s. Great for gold stocks if that happens but volatile as all heck.