InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,408.40
(
0.00%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.50
(
-0.24%
)
Bitcoin
65,894.07
(
1.43%
)
Post# of 35737
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

dr_airtime

Send PM Follow Ignore
Followers 39
Posts 1454
Boards Moderated 0
Alias Born 06/14/2011

dr_airtime

Re: silver100 post# 30126

Friday, 04/05/2013 2:43:54 PM

Friday, April 05, 2013 2:43:54 PM

Post# of 35737
Pretty significant that gold held $1540...

...in overnight trading Wednesday night. I believe $1538 was the intra-day low back in May 2012. I think in a few months we'l look back and this will be a major bottom for gold and gold stocks.

Dec 2008-Mar 2009 shows that gold stocks can move opposite to general equity markets as long as gold is rising. I think this will happen again with the current sentiment with gold stocks but bloom is off sector as a whole but the quality names should perform well.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up