As I started out my June 1 rant at 9 AM ..Before the markets opened and this gold surge ,I can't be the only one that knows what is happening..Gold has been the whipping boy of the shorts for months now and today they are getting their hangy-downs handed to them..Great..Short covering is catching a few idiots that would short gold in these turbulent times..Of course if the gold short goes your way you are laughing..if you were covering Friday .you are in hog heaven..If you are covering this morning..your banker is now got an APB out on you and wants your house..car...boats ..all your stolen millions and a crack at your girlfriend and your wife and kids for the collateral security loan you used them for...
And where is the money going,..??
Gold producers..And if the idiots had any sense at all they would be buying explorers with proven assets..
And are they..???
NO..Idiots..!!
Well I'm buying juniors and explorers..and just waiting for the resession..That is when the gold companies start to pay..
have a great weekend..
Portee
GOLDCORP INC |
1:29:03 PM EDT |
|
|
Symbol |
T |
Bid |
Ask |
Last |
Change |
Volume |
FSI |
|
|
G CA T |
- |
41.35 |
41.37 |
41.36 |
3.66 (9.71%) |
6,164,803 |
|
|
|
Bid Lots |
3 |
Ask Lots |
26 |
Earn. Per Share |
2.095 |
|
|
Day High |
41.47 |
Day Low |
38.70 |
Price/Earnings |
19.7422 |
|
|
Open |
38.81 |
Yield |
1.3416 |
Dividend |
0.5549 |
|
|
52 Week High |
55.93 |
52 Week Low |
32.52 |
Ex-Dividend |
15-May-2012 |
|