i find it amusing ... , page-4

"up till now ive been wrong"

lol rabbitoh, let's not expect miracles.

Anyone holding more Gold stocks than physical Gold has been slammed over the last 2-3 months. Luckily I was largely out of the stocks over May/April through to last week. I have increased my position in the metal stocks significantly, but watching carefully as they are certainly no guarantee to riches if the rest of the market is in a panic even with Gold rising.

It pays to be careful.

If we have another 2008 style event and Gold corrected $300-500 which is not out of the realms of possibility then Gold stocks will be hit harder.

The HUI bottomed at 30% of the 2008 highs later in that year (roughly it fell from 510 to 150). Some stocks lost 80-90% of their market value, some of them (who couldn't raise capital in this turbulent time) went bust.

While I am not expecting a corretion of this magnitude again, it's important to remember that there is more to Gold stocks than the price of Gold alone.