Replies to post #95965 on Zeev's Turnips Patch-No Politics (ZEEV)

[Emptyhead]

Hi Zeev

I see DROOY has traded in like manner to NEM except for maybe today. Percentage wise,DROOY had a solid bounce compared to NEM. Is the market playing Au for shelter or is the market telling us,the downturn coming will be bigger than most expect.
You do not like this metal? I am seeing the market looking for shelter. Those utilities look like they are priced for a rebound too.
As always,a pleasure to read your thread!

[mike_m]

No longer view the golds as a hedge for the market drop?