fatsoh's little take on gold equities, page-8

"Due to manipulation, as GATA has proved beyond reasonable doubt, the gold price has seriously underperformed commodities in the last 10 years. This has flowed through to the performance of gold equities."

You're comparing oranges and apples again SP. Gold isn't a commodity and you only make the comparison when it suits your manipulation propoganda.

For example, gold is outperforming the general stock market at a rate similar to past cycles... the DOW gold ratio will possibly bottom at 2-3 sometime in the next few yrs... it's also performing as expected next to real interest rates.

Only when the gold price is a few multiples of production costs will we see boom times. Gold stocks as a group only outperformed bullion in the 1980's long after the peak in 1980. Between now and the next big run, equity investors need to be very careful imo.

Rowingboat