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$maker$

08/15/13 6:21 PM

#268290 RE: JDUR #268289

HTM LOL

matt24d

08/15/13 6:23 PM

#268291 RE: JDUR #268289

So your saying that because gold goes back to 1500 the gold stocks should be the same price? Well if you assume that their earnings were not hurt when gold prices fell then yea sure!! That was not the case, Most saw their earnings fall when gold fell. Also has gold gone back to 1500 yet? No it has not. So saying they are going to keep going through the roof is getting a little ahead of our selves since gold has a ways to go to get back to $1500. There is much more to value a companies stock then based just on what gold does. How much production have they cut, How much have their expenses gone up or come down. How much they are selling their gold for. Some are getting market price some are hedged at higher prices. Hell even when gold was trading at 1550-1600 an ounce the mining stocks were so far from trending the metal it was not even funny. It was pretty easy to see when gold would go up $25 in one day and many of the mining stocks were down. But when gold was down they were almost all down as well.