My bullishness in GOLD IMO is a little subdued for now..of the reason I am expecting an 08 sell off ..in 1929 Homestake mining collapsed with the general market (35 dollars to the downside)
(short lived)..BUT its the aftermath that will benefit GOLD stocks... Homestake mining rose 400+% in the 4 years there after.
To conclude and imo as the steepness of the U.S market has no justified reason other than gov intervention..I do believe that the globe is in for a horrific sell off and NO sector will withhold the initial crash BUT its the aftermath and imo that GOLD will outperform all sectors for the next many years..
God bless.
Weekend Charting & Chat - 30th Jan 2015, page-19
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Last
7,750.0 |
Change
1.000(0.01%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,749.0 | 7,750.0 | 7,721.5 |
| XJO (ASX) Chart |