Good morning, <g>
My best guess is that the gold stocks are selling on anticipation of a large drop in the price of gold when the Iraq war situation is settled. If that is indeed the case, the play will be to buy the news since gold was going up long before an Iraq war was in the viewfinder of the market, and the real causes of gold's rise have only improved the fundamentals for the yellow stuff.
That's exactly what Steven Saville said in his market alert Email that I rec'd about an hour ago. He got stopped out of KGC today and his folio now is made up solely of juniors.
Good luck,
Dan
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