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To: montag813

Can you explain two things? (1) A bit of a primer in chart talk, such as cup-and-handle, doji, etc. (2) Maybe you’d know why gold mining stocks are not running up nearly as much as gold itself?


140 posted on 10/19/2007 5:14:20 AM PDT by bvw
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To: bvw

Take Barrick Gold sym: ABX. They will employ hedging strategies. Also, like any company they are subject to costs for labor, machinery, etc.


144 posted on 10/19/2007 7:16:00 AM PDT by HockeyPop
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To: bvw
Can you explain two things? (1) A bit of a primer in chart talk, such as cup-and-handle, doji, etc. (2) Maybe you’d know why gold mining stocks are not running up nearly as much as gold itself?

Gold mine stocks do not move lock step with gold these days. 
Same was true in the 1980s when gold was a hot item
When gold is hot mining stocks even hotter. Their swing is greater than the gold price

Gold mine stocks are more "speculative" that gold most of the time. More volatile

DOWNSIDE also true these days. Mines will dip more than gold when gold dips. Percentage wise of course

150 posted on 10/19/2007 8:13:35 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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