and the HUI, GDX and GDXJ were all up by 7% this morning as a result of a big push in the last hour of trading on the NYSE.
Will we get a similar rise here in OZ? My bet is that it will be much less, say 3% at most on average across our goldies. That would still be an excellent move.
The AUD POG has fallen below 1700 as a result of a strengthening AUD, while the USD POG is 1746.
This latest move in the US listed goldies makes it clear why we need a resolution of the Euro crisis for the health of our markets and goldies.
loki
- Forums
- ASX - By Stock
- GOLD
- is the bottom in for gold?
is the bottom in for gold?, page-78
-
- There are more pages in this discussion • 18 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
Add GOLD (COMEX) to my watchlist
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online