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Message: General markets versus gold market

General markets versus gold market

posted on Jan 22, 2010 04:09PM

Hi all,

Well, Frank Barbera is not looking so out of it now, but I do have a question for the board.

Frank and others have been suggesting that gold stocks and gold will go down to a certain extent with the general markets, but today gold actually went up and the gdx was up a tad versus 2%+ down for the DOW.

I cannot help but feel that at some point the gold complex will decouple from general markets; I hope that is what is happening already.

With regard to Tyhee, my hope is that the shares that changed hands during the 2008 crash and since are in much more patient hands; how many shares have traded since the 2008 low at .08? Those shares are now in the hands of people who are not yet suffering losses, whereas going into the 2008 crash many holders (like me) were already suffering losses at .35 cents...

Just some thoughts...some hand holding would be appreciated :)

All the best,

stone

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