"frisbeehead : Gold stocks have dropped so far that there must...

  1. 2,535 Posts.
    "frisbeehead : Gold stocks have dropped so far that there must be a turnaround coming soon, unless the POG suddenly falls.
    "

    WHats what I thought last time I bought MML @ 5.50 to see it hit 5, KCN @ 5 to see it hit 4.50, PRU @ 2.50 to see it hit 2.10, etc.

    Chart says more downside to come.

    I don't buy the whole gold bubble bursting thing, but also don't forget our goldies don't follow the gold price perfectly i.e. one sniff or sideways = 4% share price drop ROFL
 
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