RE:Wtf!!!RevT79 wrote: Gold is up 1%
kl is down 2.4%
actualy everybody that as to do with mining is down today ....
but gold is as high as it never been?
could that be a massive gold sector wide shorts??
that seem crazy but what would be another reason for all miners to go down at once?
idea anybody?
Well, you could ask Bogart, but that would be useless. On any given day different factors affect the pog, whether it be the strength of the usd, treasury rates, economic news such as jobs numbers, profit taking etc. Ie: I have no fkn clue either. But it doesnt matter because over time the pog goes to earnings and over time the stock prices adjust to where they should be based on earnings.
Billy the fish