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AugustaFriends

08/14/15 12:11 PM

#351640 RE: optionslearner #351639

if the Overall Market drops!!! Gold will rise.. IMO

matt24d

08/14/15 2:21 PM

#351653 RE: optionslearner #351639

I agree with your sentiment but I think Gold stocks are bargains right now. If the market goes lower and gold gets attention then these are the plays that benefit on the bottom line with higher gold prices. Not to mention many of these solid miners have been reducing cost big time the last few years so higher gold prices gives them better profits. AUY is one I really like due to that reason their All in cash cost right now is around 864 an ounce for most of their projects and a few were under $700 an ounce.