good news for the goldbugs
The gold stocks are pure garbage, we all know that. They are nothing but scams. But for those who are long physical, I still believe that the DOW:GOLD ratio is going to 1:1. In my opinion, there is 0% chance the DOW and SP500 do not go down with Apple. In 1999 it was Microsoft that took down the market, in 2007 it was PetroChina and in 2012 it will be Apple. Gold will go up if the DOW gets slaughtered. No comment on the gold stocks.