Not so on the tsx overnight though. This market really is baffling. Gold still over AU$1600. That's why I've continued to hold my gold stocks. It really does seem that shorting is rife in the stocks. Insurance against a drop in the metal itself? It's hard to watch but I'm keeping the faith while AU$ gold holds up. I wouldn't be surprised to see one more push down in the price of gold (US$) though to really test us faithful (false break), then a slow trend back up again into the 1700's and beyond. Let's see.
CGX Price at posting:
$2.00 Sentiment: Hold Disclosure: Held