Post by
LogicArchaic on Aug 13, 2015 9:44am
Markets are full of imbeciles.
Short term lsg reactions to the price of gold are absurd. The changes in the price hardly effect profit margins, and on a very short term basis it's absurd to speculate on the price of a gold miner just based on the price of gold. There's a strong correlation with lsg and the price of au, with a low margin of error, taking into account beta, news catalysts as qualitative variable, avg volume, and various other estimators. Is everyone retarded? Why buy/sell gold miners based on day to day au price fluctuations? Absurd nonsense.