GOLD 0.51% $1,391.7 gold futures

RabbitThis just shows again what happens to our goldies when the...

  1. 11,117 Posts.
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    Rabbit

    This just shows again what happens to our goldies when the market takes a turn down, despite POG gold being up at new highs. It is called risk aversion.

    I have 5 goldies up and 4 down (both the up and down variations are smallish, except for MUN which is doing a bit of recovering). My portfolio was doing better this morning, but not by a lot.

    I guess I can expect to be vomiting if the market does a major turn down. I have a bucket ready by my side.

    My main concern is to see my goldies in profit, so the AUD POG and costs of production are what I watch the most. The share prices will eventually reflect profitability - so long as I live long enough.

    loki
 
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