Hi stlamc, Purely from a macroeconomic perspective gold stocks...

Hi stlamc,

Purely from a macroeconomic perspective gold stocks are holding well. They are undervalued. We wont see them rise to their potential until we put the bad year's figures out of the fundamental analysis. Once eps and pes rise from negative to positive territory we may begin to see the fundamental analysts start to return in numbers. Once those 2 figures are proving more fruitful than other sectors then we will see a return of the top down and technical analysts. As for fundies, the asx200 fundies sold but we still have the 300 and gold indexes. We are not shaping up too badly. I see this as a time to get my potential up. I just put 20% in. Really, I think the ECB's move to sell bonds as a move that buys us more time before the rally.