Posted by dodgerdog on 15th of Sep 2008 at 02:35 pm
Gold Stocks lagging Gold Bullion once again - hedge funds most
likely reducing leverage and selling once again. That's the
diffculty of playing bottoms - especially in this
environment. Take the trade.
This is reason when gold was 260/270 I started accumulating
physical first. IMO that is the very first step in PM
investing. You never really know. Besides you just do
not get shaken out of physical. It is an insurance
policy.
Posted by dallahoo on 15th of Sep 2008 at 02:41 pm
AEM has been the leader so far, if it keeps that up, one can use
it to play the laggards. Of course, as soon as I figure that out,
market changes its behavior ;-(
Gold Stocks
Posted by dodgerdog on 15th of Sep 2008 at 02:35 pm
Gold Stocks lagging Gold Bullion once again - hedge funds most likely reducing leverage and selling once again. That's the diffculty of playing bottoms - especially in this environment. Take the trade.
This is reason when gold
Posted by rafe on 15th of Sep 2008 at 03:02 pm
This is reason when gold was 260/270 I started accumulating physical first. IMO that is the very first step in PM investing. You never really know. Besides you just do not get shaken out of physical. It is an insurance policy.
AEM has been the leader
Posted by dallahoo on 15th of Sep 2008 at 02:41 pm
AEM has been the leader so far, if it keeps that up, one can use it to play the laggards. Of course, as soon as I figure that out, market changes its behavior ;-(
AEM
Posted by dallahoo on 17th of Sep 2008 at 03:50 pm
it did not disappoint, led the pack again., see how it shot through the gap around 60