GOLD 0.51% $1,391.7 gold futures

gold stock buying strategy, page-9

  1. 2,271 Posts.
    As Acturtle pointed out chuck, gold has only risen in line with the $AU, so the effect on producing miners has been almost negligable. This will not alter until the dollar weakens against other currencies (mainly the $US) or the price of gold climbs at a faster rate.
    The $US/$AU gained ground on Friday, but only because the Bank of Japan intervened, so I would only call that a short term spike in a bear market.

    Bomber
 
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