gold stocks are breaking the "march 09 lows" -- because they
bottomed way sooner than the broad market. Don't know if the
"V-bottom" of 2009 can happen again is the problem. The
"shock and awe" monetary campaign might be a once in a long while
effort (or at least the reaction to it). Gold stocks had a 5
year bear market from 1996-2001. We are only a little over 2
years into this one.
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gold stocks are breaking the
GDX/GDXJ - are we there yet?
Posted by kalinm on 15th of May 2013 at 03:30 pm
gold stocks are breaking the "march 09 lows" -- because they bottomed way sooner than the broad market. Don't know if the "V-bottom" of 2009 can happen again is the problem. The "shock and awe" monetary campaign might be a once in a long while effort (or at least the reaction to it). Gold stocks had a 5 year bear market from 1996-2001. We are only a little over 2 years into this one.