A nightmare for longs
Not in my book. It might be a slightly unpleasant dream, but no nightmare :).
I am getting ready to lighten up some more next week, I think, but will maintain a core position in GG, AUY and NG. Will continue to hold some GRS and SLW as well, for silver exposure. Bought some FRG last week and will continue to hold that small position.
Why do you think it would be nightmarish? Will it make much of a difference come January, 2007, do you think?