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Online Share Trading

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GOLD RUN?

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Big_Bucks
Super Contributor
Looks like Gold making a bit of a comeback, when the Rand weakens again... which it proberly will... the the gold mining stocks could move strongly in the UP direction . Anybody agree?
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4 REPLIES 4
Werner_1
Super Contributor
I am bullish on NewGold - GLD - i believe it is good after the recent pullback - we need to see what happens when USA starts today - the past few days have been volatile once they open.
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Not applicable
what about ang??
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Shaun_Siddall
Super Contributor
Watching Bloomberg last night and one dude reckons gold will pull back to $800 and that is a good point to enter. There has been a huge move out of gold and oil by big hedge funds back into equity.
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Wizard
Super Contributor
short term up, mining stocks will probably also go up. I want to time the next leg when the mining stocks come down. Good shorting opportunity then!
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