The new color of gold is gray...
I thought some of you might find this interesting.
Back in January of 2010, I wrote a blog post What is GTN doing being up over $2 again?, and in the comments section of that post, one of the fellow bloggers said that he got out of his GTN (Gray Television, Inc.) position when GTN hit $1.40 (he got into GTN at $1.15), and went entirely into gold (which proved to be a good move short term).
2) On January 07, 2010 at 7:43 PM, dragonLZ (99.55) wrote:
GTN is the gold, jason...GTN... :)
Fast forward to today, and GTN is a $10 stock.
Here is a chart showing GTN's performance vs. gold over the last 3 years:
I guess people were right when they said gold is not all that shines (it's sometimes gray)...