Welcome To The VIT Chat Board

The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

Free
Message: Chart Update: Junior Gold Stocks Outperforming Gold Bullion

Chart Update: Junior Gold Stocks Outperforming Gold Bullion

posted on May 09, 2008 08:36AM


The point and figure chart below shows that junior gold stocks are on a double top buy signal vs. Gold Bullion and the chart is presently in a column of "x's" indicating that demand is in control for juior gold stocks vs. Gold Bullion. So far, that outperformace has to do with the fact that junior gold stocks haven't declined as much as gold bullion. The real benefits of owning junior gold stocks, IMO, will soon show up when the juniors go up substantially more that the price of gold bullion.


<img src="http://i186.photobucket.com/albums/x... " alt="Photobucket - Video and Image Hosting"><br><br>

Share
New Message
Please login to post a reply