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Matt discussed the GDX and gold charts on last nights update, gold still looking bullish
GDX went negative after early rally, gold also giving back most of it's early gains...
Gold stocks are underperforming the metal...is that a tell tale ?
AEM upgraded today by Scotia and RJ...stock down.
Most other gold stocks down with Gold up.
Gold companies raising money...usually done at the top. and earnings are coming shortly.
Be careful with Gold mining companies !!
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GDX
USD & GOLD
Posted by keithbob on 30th of Jan 2009 at 09:57 am
Matt discussed the GDX and gold charts on last nights update, gold still looking bullish
GDX went negative after early
Posted by homer on 30th of Jan 2009 at 10:13 am
GDX went negative after early rally, gold also giving back most of it's early gains...
Gold stocks are underperforming the
Posted by frank on 30th of Jan 2009 at 10:11 am
Gold stocks are underperforming the metal...is that a tell tale ?
AEM upgraded today by Scotia and RJ...stock down.
Most other gold stocks down with Gold up.
Gold companies raising money...usually done at the top. and earnings are coming shortly.
Be careful with Gold mining companies !!