Most of the gold stocks have taken a hell of a whack, but they are not in free fall - each seems to have found some solid support.
If the smack on gold was deliberate (almost certain) it is probably unsustainable. Then the rebound in gold could be considerable.
But note this may take some time to work through. I too hope for an overnight reversal - but I'm also prepared to sit it out.
To show my belief - I've got some
CRS,GBG,SGW,OXR,SBM,DIO,MMN,AUG,LEG,GTM,RSG -
does that qualify me as a goldbug?
Top Ten reasons to sell your gold stocks, page-3
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