You mentioned about gold equities copping it just as much as everything else in 2008 which is fair enough, however if you look at the HUI over the last 20 years you can see there was significantly more invested in gold during that period. If there was a crash now, we would be dropping off from a much lower level which would surely mitigate a lot of the down side. I think the numbers indicate investors have been avoiding gold.
When I look at the HUI:gold ratio I see current investor apathy. I guess when the Fed pumps the stock market they slam gold so investors have shied away from PM's in favour of just about anything else.
You mentioned about gold equities copping it just as much as...
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$1.59 |
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| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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