Club Mulgoa

Tuesday, September 13, 2011

POG, AUD and the disparity with share prices of gold miners

Once again, Dow went up yesterday, POG is up and AUD is down. So all this should point to gold producers going up in price. Not quite happening. I have very little spare cash so I can only sit and watch idiots selling! Only if the idiots are extremely desperate, then I will buy but otherwise, I have just enough for some SPP and Entitlements.

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