Spot gold low $1,560.50
ABU daily low 3.5c
Reminds my of this old thread. Not quite there yet, but close.
#9075203 fmx_rider
Gold stocks will get smashed next week. If gold drops below $1550, expect ABU below 3.5c.
#9076002 petey888
FMX - Generally Gold stocks "front run" the gold price - This is evident in the recent "underperformance" of gold stocks relative to gold over the last 6 months. So I actually disagree that stocks will get smashed as they have factored in this move. That said, Im sure I can be proven wrong,
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