TSX:SGR.UN - Post by User
Comment by
HiFinanceon Nov 19, 2009 10:34am
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Post# 16503239
RE: down, down,down
RE: down, down,downHi gusto,
Bullion and gold companies never move in lock step although there is definitely an influence, just too many other fundamental differences between companies that impact movement of SP. Oil is much the same. Patience here is key. Gold will not run forever...but it's still trending in the right direction for now.
What I am worried about is large players selling their losing positions come December. Traditionally you could count on certain sectors moving and providing bargains. This year I don't know just what to expect. Would love to see some dialoque on that topic!
HF