Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
Gold & Silver Prices
ArticlesNewsFlowGold & Silver PricesMarket Briefing
In the same category

Everything’s Down But Treasuries and Gold Stocks?

IMG Auteur
Tim Iacono
The Mess that Greenspan Made
Published : October 20th, 2012
118 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Gold Gold Stocks Silver
Disclaimer
Category : GoldWire

 

 

 

 

Now, here’s something you don’t see every day…

In the biggest one-day stock market sell-off in some time (I stopped keeping track of Dow 200+ up/down days some time ago, but, after today’s market action that may soon resume) that is occurring on the 25-year anniversary of the 1987 crash, just about every risk asset is going down in price except for gold stocks. Not the metal, the shares. Very unusual, particularly given the steep decline in the price of gold and silver.


And, it’s not just one company in the MarketVectors Gold Miner ETF (GDX) above that is pushing gold equities higher – gains are broad-based led by AngloGold Ashanti (AU) that is up about two percent.

 

 

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Gold Editorials | Gold Resource News | Gold Fundamental | Gold Discoveries and Drilling Results | Gold Exploration and drilling | Gold In the News and Medias | Gold Most Read Press Releases | List of Copper mining companies | List of Lithium mining companies | List of Lead mining companies | List of Nickel mining companies | List of Zinc mining companies | List of Gold mining companies | List of Silver mining companies | List of Platinum mining companies | List of Diamonds mining companies | 金銀市價 | सोने_की_कीमत_और_रजत | Precio del oro y plata | أسعار_الذهب_الفضة | ราคาทองคำและเงิน | gold und silberwechselkurs
Contact us Privacy policy Disclaimer About us
copyright 24hGold
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.