Gold Drops, Miners Pop
Podcast: Download (Duration: 19:35 — 13.5MB)
Gold stocks back on the way up?
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Bob Hoye
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The monthly publication for financial institutions was started in January 1982. This competently covers the stock market, the yield curve, credit spreads as well as metal and energy prices. Bob, as chief financial strategist, writes the weekly overview - Pivotal Events
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Uncle Bob knows what’s going on!
Phil – Love your interviews with Bob. LETS GO DEVILS tonite against Blueshirts!
Hope Bobs right about Gold stocks !
I listened twice,(it sounded so good).
That’s great Bob. GDXJ only has to rise 40.8% to get back to where you last had a “buy” rating on it.
Brad,
…I know you have trouble loving Bob, but advice is usually worth what you pay for it.
You are correct. And in the case of bob, that price is $1,500 per year.
This time Bob got the things right. Good talk!
Hopefully gold stocks go to his direction for long time!
In a situation all commodities are going down, can gold stocks zoom up?
Bob has the answer: yes.
I sincerely hope that Bob and Ross are correct!
From current situation, Gold may test $1400, Silver $25-26. this kind of drop may induce GDX to go back to $40, even go to $34. This will make these, who hold gold stocks and gold efts, feel very fear, very fear.
Therefore I think we may still be far from the bottom of GDX and HUI.