usd up gold steady gold stocks smashed, page-27

CT,
I agree with you in general but do take issue with

"During a general market collapse never hold gold stocks as they will collapse with the rest of the market"

Gold stocks come in catagories of "Senior ,Mid Range, Junior and Hopeless.

The quality gold stocks such as NCM with plenty of reserves can be bought freely and in quantity at moments like this to hold for the inevitable price rise when people figure out the coming earnings.

All investors need is a strong stomach for about a year and not to listen to the "noise".

History does and will repeat. Gold has worked for 3000 years

Homestake traded all 1929 & 1930 in a narrow 10% range around $75/share then output and profitability lifted 600% through to 1936. The shareprice increased 700% to $530 per share.

I do not see gold going up 700% from current price US$ 1700!

NB You could buy a Model T Ford for $120 at the time.
Such is the power of gold.