Last nights falls were a wake-up call. There's been a lot of complacency in the markets, investors expecting them to rise with the debt ceiling issue being "sorted".
In the gold stock game one needs to employ sound money management techniques to handle the volatility, which includes buying weakness and selling strength. Avoid listening to perennial cheerleaders.
As far as predictions go GC, my 2c gold won't fall below $US 1500 and I doubt even $US 1600. I agree, $A gold price will outperform... it's turn in the sun has been overdue
Add to My Watchlist
What is My Watchlist?