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so do I, otherwise I wouldn't own BDR, but I don't think there...

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rogerken

2,730 Posts.

19

20/05/16

14:45

Post #: 17825203
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Originally posted by worzel1 ↑

I don't think what happened in 2008 is evidence that gold and gold stocks will crash along with the broader market if/when there is a crash. Too many things are different, I accept there is a chance of the same thing happening, but I would put it at the lower end of the scale.

When gold and gold stocks crashed in 2008 they were up at highs with the rest of the market, contrast that to now when they have been thru a 5 year bear market and sentiment is improving but still pretty poor. Also the US govt have been thru a massive dollar creation program since the GFC and there is plenty of evidence that it is a little less popular than it was then.

What to expect? I don't know but i don't think it will be 2008, and I think gold and gold stocks will fare much better.

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so do I, otherwise I wouldn't own BDR, but I don't think there will be a stock market crash like 2008, 1987, 1929, these are what I call a "stock market panic"
...not in the ASX anyway; book value is low, interest rates at all time lows, this is not where markets crash from

BDR Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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