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Re: None

Thursday, 07/10/2014 12:57:16 PM

Thursday, July 10, 2014 12:57:16 PM

Post# of 1139
Where price should really be...maybe

Taking the recent lows and highs created by gold and VGZ and taking the ratio that VGZ moves in cents per dollar that gold moves...VGZ should be roughly 59 to 60 cents per share with gold's price at $1335/oz. So unless market makers see something bearish that we don't see, the current VGZ price of 52 cents is VGZ on sale for roughly 12% off.
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