hui and stock bears, page-2

Samayo

Whilst on the 11th Jan, when this article was written I would have agreed. I am not so sure now. I hold many Gold Stocks and after last Tuesday am licking my wounds like most others. Fortunately HEG and PNA held me up as I had low entry prices. However buying any stocks in this market is dangerous.

To counter the arguement I suggest you read this, a more recent article by another Gold Bug. History does show that when you are in trading in a mkt like we are today, gold stocks like any other get hammered. That is not to say that they will not have their day it is just to say that everything happens in cycles. The arguement is that this is the time to buy physical gold and not shares in gold miners.

http://www.gold-eagle.com/editorials_08/wallenwein012408.html

Gold Luck in all you do.