Club Mulgoa

Wednesday, July 27, 2011

POG and gold miners

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=132323&sn=Detail&pid=92730

In spite of my ranting about gold producers, I doubt anyone took an interest in it. But the share market did listen to me!

The above article gives an incredible succinct way of describing the value of gold relative to the Dow. I never thought of looking it that way. I am either buying oil/shale gas explorer, gold or coking coal sectors. Well, I could be a brave fool or a dumb investor.

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