GREY:AVGCF - Post by User
Comment by
AdamJTon Dec 30, 2011 4:16pm
580 Views
Post# 19360909
RE: RE: RE: RE: Back in
RE: RE: RE: RE: Back in Neither can I but, considering how much all producers pulled off IDK if we're out of line in relation. The counter trend to me has been the shear volume of instutional buying on the quality gold producers. Those investors don't buy something on a downward trend for no reason. Not sure where gold is heading but, definitely people can't deny the profitability of the producers. Been trying to take a trading position the past two days and finally bit the bullet today buying a smaller one...obviously hedged by my extremely profitable and large long position. This week probably was a good week for just about any quality "gold" producer to be picked up purely on a sector trade alone.