Gold stocks strength hotter than a pistola.
On a $30 drop in gold (8%) HUI has dropped 11 points (7%).
Folks, on average, gold stocks move 3-10 faster than bullion, depending on their individual leverage to gold prices.
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Bernard,
I have to say that your posts insult my senses!
Hotter than a pistola?
Which ones, specifically?
PoG -8% while HUI -7%?
Woweee! Some divergence!
Gold stocks move 3 to 10 times faster than bullion?
Which ones?
Can you be more specific?
Annd while I'm at it.....
you're oft-mentioned comment that that the gold Commercials are ALWAYS wrong is also FOS, and why do you invariably accompany that foolish remark with that same non applicable chart covering the 1992-2002 period.
Don't you realize that the Commercials traditionally build their positions over many months and are not wrong just because the PoG may not be cooperating with them?
Btw, I'm still waiting for those 3X winners you promised for May tyo come home to roost.
Endless hype......
Dan