GOLD 0.51% $1,391.7 gold futures

the huge disconnect - gold price and equities, page-16

  1. 3,350 Posts.
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    "If the Uranium price went through the roof,Uranium stocks would be bought up.....would they not??? If gold goes up.............ntg gets bought. why?"


    Morgan, unfortunately this happens in this sector. Gold is a flight to safety when the world is freaking out.... but the gold stocks aren't.

    I posted charts yesterday of the stock action in the 1970s. The Barron's gold mining stock index only surpassed its peak of 1974 in 1980... and that was AFTER the gold price had quadrupled from $200 to $800 over that time.

    The gold stock disappointments have occurred again in this bull market for many reasons. It's tough work getting the timing right... individual stock selection is critical, and a bit of luck goes a long way too.

    Rowingboat

 
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