Just to satisfy my curiousity, I decided to check out the performance of all the GDM components since the 3 major PM stock indices bottomed on November 15, 2000. Let’s see what happened. It will take me awhile to post all five charts, since I only know how to post one at a time in the same post, ok? So give me a few and then we can review them all.

ABX to EGO
abx-to-ego.gif

GBN to HL
gbn-to-hl.gif

HMY to NSU
hmy-to-nsu.gif

NXG to VGZ
nxg-to-end.gif

A quick count shows the following performance results.

Of the 34 components in the Gold Miners Index, there were:

1…….Down to 0% UP
18…..0% to 500% UP
6…….500% to 1,000% UP and
8…….1,000% or more UP

Only one looser and about 65% of them are UP 300% or more.

That’s not a Bull Market?

And how will the #s look in 6 months, a year, 2 years or more. Looking forward to finding out.

Just some food for thought and I realize it can be interpreted in different ways.

JBI