He's still a young buck peat
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He's still a young buck peat
they're not even particularly ugly.
It's 2014 and Marc Faber's prediction that the US economy would collapse before the end of 2013 falls on its ar*e.
http://www.youtube.com/watch?v=B0E7QmP539M
One thing Ive got to say about you Skol--You're devoted--8:06am on New Years day:):)
ahh--that explains it-------Dont get to sunburnt or frostbite whatever the case may be:)
and if your in the States..be careful with that computer
http://www.nzherald.co.nz/technology...ectid=11179715
Alot believe that in terms of the share market and Gold--One comes at the expense of the other--as we saw last year with the huge gains in the share market and a likewise drop in gold.
That massive drop you talk about would most likely have to come on the back of the share market continuing its massive gains.
From Kico--
Gold fell sharply during 2013 as equities repeatedly hit record highs. Analysts cited a rotation in which investors reallocated from commodities such as precious metals and into stocks during the last year, and some had suggested any eventual correction in equities might in turn lead to some reallocation back into metals.
About the time the Comex gold pit was closing, the Dow Jones Industrial Average was down by around 130 points and S&P 500 was down by around 15. This helped gold bounce despite a stronger tone in the U.S. dollar, which often hurts metals.
So it depends which you put your money on
If your looking to buy Gold producer SHARES then it gets a wee bit more complicated IMO
I know what you are getting at Skid, but I don't think this is the case & we have seen to date that gold producers seem to actually out perform the POG both on the way up & the way down. Gold producers generally seem to have turned a corner. The dogs & I wont say who I think they are were still under-performing well until yesterday at least. However quality producers & explorers haven't revisited their lows since the gold slam, Troy probably being the exception.
Here are the picks for the POG at the end of 2014. Not many entrants unfortunately.
Lets see who can take the crowning glory!
Cheers Daytr
NZ Picks POG Name $ 1398 Daytr $ 1,460 Digger $ 1,370 Bobcat $ 970 Skol $ 1,170 Clip $ 1,555 corran
Sorry, that's done Moosie.