NXG Gold Exploration Stock...

praetorian2 · Oct 23, 2003

Holy Batman!!!

Nikkei down 5%, feels like godzilla tramped through. Any idea why gold didn't go up? Seems like you buy gold when in fear.

T-REX · Oct 23, 2003

Selling Climax not yet reached.
Fear & Panic not yet realized.

...........comming sooooon!

Mvic · Oct 23, 2003

weakness vs. Euro. Safe money is probably flooding in to European bonds.

praetorian2 · Oct 24, 2003

Gold up another 6 today. Sure looking good here. I see a lot of breakouts in penny land, most on my screen are up 5-10% today.

hollywood · Oct 26, 2003

Gold was up $17 to just over $389 for the week.The top performing fund sector for the week were the gold oriented funds and 6 of the top 10 performing funds were gold oriented.Since June ,the gold funds have led funds almost 50% of the time,2 weeks in 4.BGO,EGO,WHT,MNG,NXG,GBN,GSS,all had new 52 week highs.GSS, EGO,and BGO were among amex biggest percentage movers.(top 10).In the the last 8 weeks, the spot price has closed below $370 only once at $369.90 on Oct.9.If gold stays above 370 threw the end of the year,earnings will once again fuel the gold stocks higher.The xau index has fallen below the 90's range only 4 days in that same period and is currently 97.90. This tells me we're gaining interest and strength, trend momentum is picking up,and slowly but surely,perception is changing.It sure is sweet to be IN at ,or near the ground floor.Are we having fun yet.

praetorian2 · Oct 30, 2003

Quote from hollywood:

Gold was up $17 to just over $389 for the week.The top performing fund sector for the week were the gold oriented funds and 6 of the top 10 performing funds were gold oriented.Since June ,the gold funds have led funds almost 50% of the time,2 weeks in 4.BGO,EGO,WHT,MNG,NXG,GBN,GSS,all had new 52 week highs.GSS, EGO,and BGO were among amex biggest percentage movers.(top 10).In the the last 8 weeks, the spot price has closed below $370 only once at $369.90 on Oct.9.If gold stays above 370 threw the end of the year,earnings will once again fuel the gold stocks higher.The xau index has fallen below the 90's range only 4 days in that same period and is currently 97.90. This tells me we're gaining interest and strength, trend momentum is picking up,and slowly but surely,perception is changing.It sure is sweet to be IN at ,or near the ground floor.Are we having fun yet.

Having a blast. I think I'm clearing 10k a day on my gold position. The stocks themselves are so much stronger than the metal. They go up even when gold is down. NXG just finally cleared 2.

inandlong · Oct 30, 2003

Callandra of CBSMarketWatch posted a nice article today related to this thread.

gimp570 · Oct 30, 2003

Quote from inandlong:

Callandra of CBSMarketWatch posted a nice article today related to this thread.

How can we find the article???

inandlong · Oct 30, 2003

http://cbs.marketwatch.com/news/story.asp?guid={053462B3-036E-4500-9FF3-55FBD5380F73}

This should do it.

praetorian2 · Oct 30, 2003

Thanx

Looks like NXG closes up about 5% after having been up 10% at one point. It is amazing b/c gold reversed from having been up a bundle at one point.