Question for Mike Maloney - Gold, Silver, and Mining Stocks
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Uploader Comments (GoldSilverMedia)
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All Comments (7)
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@TheNRA4ever Thats all that matters - purchasing power - if silver and gold drop 50% but real estate drops 90% - you can buy 5 times more real estate with your gold and silver!
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I believe when the shit hits the fan...and it will....I personally believe everything will go down, but gold will be LESS affected.....
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thanks for asking this. I've in the same situation and I've been wondering the same. Last time, the stocks tanked pretty severely, but have since some back strong. My guess would be, they will go down significantly, but not nearly as much as late '08, early '09
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I get the sense that the USD will retrace over coming weeks then rally again as the market crashes. This recovery is fishy !! SO gold might be taken down again.....and thats the last and best buying opprtunity ever in a lifetime !!
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Good question. You peaked my curiosity so I created a graph that plots the S&P vs the GLD and the GDX. Interesting results. Give it a shot.
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Looks like I just got my answer today 4/16/2010
GoldSilverMedia 1 year ago