Friday, February 20, 2009

gold above $1,000 & DAX bellow 4,000 again!

folks, folks, folks!

gold above $1,000 & the german major stock index DAX bellow 4,000 points (the lowest level for 6 years !!!) again ;o)

... and my gold/silver stocks portfolio down 3.23%. does that make any sense??? i don't think so even if a part of that decline is just a reaction to yesterday's drop in precious metals stocks as the german market is (just) adjusting (=converting 2 €uros) the closing price of mining stocks from their native u.s./canadian stock exchanges.

btw, i wouldn't sell gold stocks when gold is rising like crazy, would you?

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