the revenge of the gold bulls ..., page-47

All Ords Gold - XGD UP 100 POINTS - 1.33%

Dow Jones Industrial Average - DJIA DOWN 419 points - 3.6%

All Ordinaries - XAO DOWN 112 points - 2.6%

ASX 200 Energy - XEJ DOWN 485 points - 3.6%

ASX 200 - XJO DOWN 110 points - 2.6%

ASX 200 Materials - XMJ DOWN 335 points - 2.7%

ASX 200 - Financial & Property XXJ DOWN 127 points - 2.8%

Yes folks. This time imo it is different, very different from 2008 imo. The Dow is getting smashed. But unlike 2008 gold is NOT getting smashed along with the Dow. Instead gold is soaring. Remember the 500 point fall in the Dow the other week? Gold also soared!

The knee jerk reaction to sell gold shares despite a strong US dollar gold price rise and an even stronger Aussie dollar gold price rise of $50 is based on nothing more than past conditioning imo.

Why have any of these people invested in gold shares only to sell them dirt cheap when gold is soaring because of the very reasons they invested in gold shares in the first place!!

Doesn't make sense to me.

Gold is now US$1840 and AUD$1775!!