GREY:COLUF - Post by User
Post by
wizwizon Jul 02, 2009 4:49pm
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Post# 16113723
Comparing CSI to Global Gold Index
Comparing CSI to Global Gold Index
CSI (dotted line) has done slightly better than theS&P/TSX Global Gold Index and is still outperforming it. How long will it last? Not sure but it is bearish right now and must stay about $2.20. The problem may be that gold prices usually drop during the summer and won't rally before October so there could be more buying opportunity in the next few months below $2.
Wiz