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  • Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
    One of the problem of technical analysis is short-sightedness. Buying and selling base on daily numbers is pure madness. After moving in and out of a position will increase your chance of making a wrong call.

    I think gold mining stocks will go higher compared to physical gold as it provides more leverage. Buying 1 stock in GDX is like buying 1 oz of gold on the cheap. With the US leading the global pack in printing money, folks will soon know they are being cheated and start buying precious metals. We all know there isn't enough gold to go around, so prices will start climbing.
    May 17 11:15 am |Rating: 0 0 |Link to Comment
  • Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
    Thanks folks! I was just having my doubts on GDX, but after reading this, I am not going to yank it out of my portfolio.

    I am still extremely bullish on the metal itself, just that the stock is a little more speculative.

    Anyone has a take on Jinshan (JIN - Canadian)? I have been reading articles about it, and it claims to have the world's largest gold deposit situated in the northern belt of China.
    May 09 22:01 pm |Rating: 0 0 |Link to Comment
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