Post by
Mick16 on Aug 27, 2013 1:52pm
Any thoughts
on why the gold stocks are down when we just blasted through resistance of $1400??
Comment by
ALLEN4 on Aug 27, 2013 1:59pm
SYRIA, sometimes you can't win. Gold stocks don't move up with the rest of the stock market because we are gold not stocks. No gold stocks moving down with the rest of the stock market in reaction to SYRIA because we are stocks not gold.
Comment by
Mick16 on Aug 27, 2013 2:22pm
Thanks ALLEN4, I think I deciphered your code :-)
Comment by
Bpultra on Aug 28, 2013 12:27am
“At present, one worry for the gold market is the continued rise in US real yields which has led to a decoupling in the correlations between gold and yields and it raises questions about the sustainability of the current recovery and about which one of the two eventually will have to give?, ” he said.