InvestorsHub Logo

matt24d

08/15/13 5:42 PM

#268286 RE: JDUR #268285

Well there was a reason they were sold. I mean if you go back and look at what many of these names were basing their earnings off of it makes sense. Many of these names were basing earnings off of gold prices that are were much higher then we are at today. So its not like the sell off was unjustified. Gold and gold stocks are far off from tracking each other yet. I mean many of these names need gold prices much higher to make the case for their prices to get back to where they were back in March or april. I mean gold was trading above $1500 back then.