TSX:SUE.WT - Post by User
Comment by
play_n_layon Aug 01, 2011 3:10pm
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Post# 18892978
RE: RE: RE: I don't trust Humala!
RE: RE: RE: I don't trust Humala!All high beta, less liquid stocks have been getting hammered. People where selling there positions in case the US wasnt able to raise the debt ceilng.
Gold has held up well today considering it looks like the republicans and democrats have reached a comprimise. It was down 15 in the morning, then recovered most of that becaues people know raising the debt ceilng doesnt fix the underlying US debt issues or the high probability the US credit raiting will get downgraded.
HUI is also up today. Reversing its downward trend.
When the debt bill is passed. I am hoping for a return by investors to highbeta (low market cap) golds. This should help boost SUE.
GLTa