GOLD 0.51% $1,391.7 gold futures

crashing hard losing 21 percent this month, page-17

  1. 524 Posts.
    I wouldn't write gold stocks off, in fact I'll predict they maintain current levels or rally this week.

    The top three miners are great value at the moment with healthy balance sheets and increasing ouputs just when supply is getting squeezed.

    If we weren't in this current crisis, "cough", re-adjustment they'd be flying up to new highs and that still might happen quicker than people think.

    As much as I like bullion, when gold takes off you want to sell as quick as possible at the first spike and grab those profits. With bullion it takes time to offload it.
 
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