a dip is in progress, page-19

Gold in $AU has risen all week, especially in the last 3 days since gold hit $1190 and the $AU is around .91 down from .93 earlier in the week. I see GOLD ETF has risen and I would have thought LGL would have been up around 3.70+ around where NCM is $37+

How come there is a large gap again between the two? why is LGL has all these obstacles to overcome like walls of worry, broaded market sell offs, it carries higher currency sovereign risk etc..

Surely it should have reached 3.80 by now and 3.60 should be a solid base now, but the equation doesn't seem right at $1300+ AU oz with the market at 4600 points. In feb we had 3.60 on Gold trading above $1400 AU oz but a market only at 3200.

I guarantee you if the market falls to 3200 again and gold only puts on 100 bucks LGL will find 2.80 again

Im in this to hedge against my other stocks but I need something that will perform. Does anyone think KCN or the GOLD ETF is a better play? I'm tipping all currencies will crap themselves next year with a 30-40% sell off and gold to hit $1450+