I am baffled at how much equities have underperformed the POG and the POS. I have never been more confident in my life about the direction of the commodities as priced in fiat money, however the leverage I was expecting from gold equities has not materialized. All the gurus that I read all say it is a matter of time and to be patient, however when things are this F'ed up I am starting to wonder. I bought some Goldcorp calls last week and I am hoping that their Q1 numbers will be so stagering that the investment community will wake up to the equities. This could be wishful thinking, however when I am only long about 10% physical and 90% PM equities I have not left myself any diversity.
VANCOUVER, April 14 /CNW/ - Goldcorp Inc. (TSX: G, NYSE: GG) will release first quarter results after market close on Wednesday, May 4, 2011.
This is going do be done via conference call so everyone in Equities should give a prayer from some staggering numbers out of Red Lake.