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TheViewMaster

03/02/11 3:25 AM

#36259 RE: techtrade #36258

TT! Here's a "Clue"...

"A Rising Tide (The POG) Lifts ALL Boats (Gold Miners)!"

QED
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Lowjack

03/02/11 4:37 AM

#36260 RE: techtrade #36258

You can't explain why santa clause does what he does. You just got ta know that he does it.
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eaglesrule

03/02/11 6:50 AM

#36265 RE: techtrade #36258

If the spot price of gold was $700/ounce now, I would not be holding shares. If the price were $1,000/ounce, I would be riding the fence. With gold at ~1400/ounce and likely to go much, much higher, I will hold and buy. There are lots of $$ invested in PCFG for that same reason, many of whom are on this board holding millions of shares. If gold crashes or falls to ~1000/ounce, you will witness the effect of POG on PCFG. You are mistaken if you think the current trend of gold prices does not have a positive effect on PCFG.