GREY:CGOOF - Post by User
Comment by
1kgcoffeeon Nov 27, 2013 8:25pm
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Post# 21948366
RE:Just a thought !!!
RE:Just a thought !!!
December is often a rally month in the price of gold. Unless gold plummets, I do not expect to see a worse capitulation than already witnessed. You might have a few hitting the bid, but remember that resource stock prices have been driven down hard and many losses already locked in earlier in the year. Also, now that the general equities market is getting overbought, money is searching for undervalued assets like resource stocks.