sincalir, page-20

"As for gold shares following the general equities market, well that all depends on whether gold tanks as well, doesn't it?"

I would say that is debatable, in fact I would say that the junior gold sector would get crushed in a selloff. I would just like to see a new gold high in euro before i can get excited I just don't see the risk reward of buying gold shares in a flat gold currency with the US on the verge of recession. I can't see the difference in golds performance from the 2003-2005 period where it was just USD depreciation and as I have said the risks in equity markets are far greater than 3 or 4 years ago.