XJO 0.58% 8,091.9 s&p/asx 200

'good old regular data' - monday, page-24

  1. 16,819 Posts.
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    When you've been around as long as me it doesn't take too long to sniff out the good ones but yes obsessive compulsive disorder helps ,lol.

    I feel similarly about Gold . It's all very well to say it's beyond stretched and the top is in ,well what else is news . It really needs to take a breather ,the stocks included ,I don't think that means that it's over.

    I take Redbacka's point about the stocks not effectively tracking the GP , but that's been the lot of gold stock investors in recent history . They get pummelled beyond fairness when the GP falls over ,but there is generally no across the board consistent gains when it goes up . It's very much a stock picking exercise ,you need a real blowoff and everyone to think gold's going up forever for all the stocks to go up and/or outperform the GP .
 
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