Sat, Dec 20, 2014, 8:24 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Tanzanian Royalty Exploration Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • keepshorting keepshorting Dec 29, 2011 5:36 PM Flag


    And your thinking is ABX in the DOW and TRX to zero?
    yes. 6 months before the dot com market collapsed, intel and microsoft were placed in the DOW 30. 6 months before Oil collapsed, Chevron was added to the DOW 30. i believe the same will happen with Barrick or Newmont. Since Newmont is in the sp500, I believe it will be Newmont that is added to the DOW 30. you will have about 6 months to get out of all gold related investments once that happens.

    • However, if gold is integrated into the monetary system, gold stocks might become the new utility stocks. Then, there would be no collapse. The internet analogy would not apply because there would be something at the bottom line. Haven't you been listening to Jim Sinclair???

0.62-0.19(-23.62%)Dec 19 4:08 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.