Thanks for HSOL!  I got in at 1.80 with a small position but this more than pays for the membership.  I was planning on canceling since I just don't have time lately, but maybe I'll rethink things.... :)

So where's a good spot for a stop?

Thanks for the pun, (and the chart).  Now work some goodnight moon into your next post.  :)

Agreed, but it would be even nicer if the stocks would follow along.  I added to my SSRI this morning but I guess it got tuckered out yesterday.  :)

Is AEM what's dragging the entire sector down today?  Gold/Silver not off by much compared to gdx/gdxj.

Still green despite gold, silver, and market down.  Time to buy or just a blip?

mamaduck, do you happen to know what caused the >50% drop back in '07?

Thoughts on gold stocks?  They are flat to up, so perhaps gold will find support here for a decent bounce as well?

PM's down, bonds down, why isn't the market up more?  Gonna start it's run here?

No, that's the point I was trying to make.  They do not have a 50/50 dollar split.  They have a 50oz silver/1oz gold split from 2001 up until 1Q11.  In 2Q11 they made a 9:1 oz purchase for the first time I can see bringing the ratio to about 45.44:1.  Not sure why they suddenly changed the ratio, but I can't find the ratio mandated anywhere.  I just started looking into this today, so perhaps you can explain that history to me better or why the sudden shift in strategy?

The last page of most of these has a pie chart showing the ratio is 50:1, others you have to do the math yourself to see the ratio.  Always 50:1 in the ones I spot checked up until 2Q11 at 45:1.

http://www.centralfund.com/quarterlyreports/2011%20Quarterly%20Reports/CFOC%20-%201st%20Quarter%20Report%20FINAL%201%20MAR%20%2011.pdf

http://www.centralfund.com/Financials.htm

Actually, upon closer inspection of the quarterly reports, it appears they maintained the 50:1 ratio from 2001 up until 1Q11.  The 2Q11 report is the first one that strayed from the 50:1 ratio, it is now down to 45:1.

http://www.centralfund.com/quarterlyreports/2011%20Quarterly%20Reports/CFOC%20-%202nd%20Quarter%20Report%202%20June%2011.pdf

(Edit: to clarify that's the ratio of silver oz to gold oz.)

Yeah, I have not been able to find it specifically stated anywhere, but the last page of their quarterly reports always shows a 1oz gold/50oz silver ratio.

"Investment
Policies &
Restrictions
The investment policy set by the Board of Directors requires Central Fund to
maintain a minimum of 90% of its net assets in gold and silver bullion of which
at least 85% must be in physical form. On April 30, 2011, 98.8% of Central
Fund's net assets were held in gold and silver bullion. Of this bullion, 99.6%
was in physical form and 0.4% was in certificate form.
Central Fund's physical gold and silver bullion holdings may not be loaned,
subjected to options or otherwise encumbered in any way."

yeah, I haven't been able to find it specifically stated anywhere on their website, but flipping through their quarterly reports, the last page always shows the ratio at 1oz gold to 50oz silver.

http://www.centralfund.com/Nav%20Form.htm

I also like that the miners finally managed a rally today instead of tanking with the market.  Maybe they'll shoot straight up from here.  Gold up = miners up, gold down + market up = miners up.  :)

AUY breaking out to 52wk high.

I bought both DZZ and GDX in the last hour, so hopefully that trend can continue tomorrow?

Hope you're right, I did some buying today.  Nice to see the miners following gold instead of the general market.

Nice to see they go they expected direction so far instead of tanking with the market.  Now will gold stocks follow higher?  Probably since I got out last week.

AEM is one of the only ones on my watchlist still green.  I guess it's finally been beaten down enough, as it's been a laggard lately.