Post by
tony1969 on May 08, 2013 8:58pm
All of the big boys such as ABX, GG....
AU,NEM,IAG,etc.... were up big today across the board on no apparent news and a relatively small roughly 1% bump up in the price of gold. Take a look at the moves. They were up multiples of that on heavy volume. IAG was up about 11%. Could it be that the sector is finally turning? I say it is as it takes a lot of inflows to move those big stocks. The sector was a huge outperformer today.
Comment by
comet52 on May 13, 2013 11:49am
Gold is going to be sideways at best for the rest of the year.