Recall those days when I commented that gold equities follow equities lower even when gold price moves higher, especially when the equity market falls quite notably, like tonight?
Well, not anymore. GDX is up +2.68% taking Gold's +1.73% lead.
iShares silver ETF SLV +3.63%, AGQ (Proshares Ultra Silver) +6.90%
There's a time to trade gold/silver shares, and there's a time to invest for longer in gold/silver shares, I think we're now in the latter stage.
That said, if we get an ugly market correction, all bets are off with all equities, and ETFs would be a safer place to hide.
- Forums
- ASX - General
- Its Over
Its Over, page-21197
-
- There are more pages in this discussion • 1,343 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online