Two-faced Goldman appears to hedge bets on gold stocks and bullion

http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=238588&sn=Detail

The One Chart That Explains the Massive Risk of Investing in Gold & Gold Stocks

This article is long and redundant at times, but the message should be clear.  Buy physical gold and silver on the price dips.  Be a strong hand.  Do not be weak and panic sell on the dips.

And for those seeking higher reward / higher risk / high volatility, buy the right mining stocks and hold on.  Jim Sinclair says it best, "buy right, and sit tight."

http://www.theundergroundinvestor.com/2013/01/the-one-chart-that-explains-the-massive-risk-in-investing-in-gold-gold-stocks/

Who Really Owns Your Gold Stocks?

http://www.resourceinvestor.com/News/2012/1/Pages/Who-Really-Owns-Your-Gold-Stocks.aspx

Sprott Shifts From Gold Bullion To Gold Stocks, Explains Why

Must-read from Eric Sprott. 

http://www.zerohedge.com/news/sprott-shifts-gold-bullion-gold-stocks-explains-why

Stocks and gold stocks decoupling

http://www.caseyresearch.com/editorial/3505?ppref=CRX178ED0710B

We haven’t seen this level of separation between gold stocks and the general stock market since the first quarter of 2009. This demonstrates obvious strength in our sector, and is precisely the kind of action that can signal we’re getting closer to our precious metals investments starting a major leg up.

In the big picture, this data should be considered a short-term indicator. However, it’s a refreshing reminder that at some point, it won’t matter what the broader markets are doing. In the precious metals bull market of the 1970s, the Barron’s Gold Mining Index soared 652%, while the S&P gained only 22% for the entire decade. This means that if you’re bearish on the economy, you don’t have to be bearish on gold stocks.

At gold’s bottom in April 2001, the Dow/Gold ratio (DJIA divided by gold price) was 41.2. It now stands at 7.9 (as of July 2).

When gold peaked in January 1980, the Dow/Gold ratio reached “one,” meaning they were both selling for about the same price. To hit that same ratio today, gold will have to go higher and the Dow simultaneously lower. The fundamental reasons gold will rise are far from over, and a second leg down in the broader markets seems almost locked in at this point.

In this context, Doug Casey’s call for a $5,000 gold price doesn’t seem so farfetched. It also coincides with his call for a Greater Depression, an environment not exactly suited for higher stock prices. $5,000 gold = 5,000 Dow.

Where do you think they’ll meet – three? Eight?