At $700 gold TRE was at 9. At $1500 gold TRE is at 6

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Gil

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At $700 gold TRE was at 9. At $1500 gold TRE is at 6

posted on Apr 19, 2011 01:45PM

What am I missing here?

Today just about every gold stock is up but one.

I can only imagine where TRE will be when gold corrects next time. It will be the equivalent of when it was at 2 adjusted for inflation.

To say that it is all the short's fault is a bit too convenient when just about every gold stock is going up.

What am I missng? Even this stellar announcement of 2 million ounces has zero effect. Odd isn't it? So what is the answer?

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