Gold stocks way out of whack, look at GDXJ down 22% today and
making a new low for the year. GDXJ was last this low
when Gold was hundreds of dollars cheaper. Ditto for most other
gold stocks. Will gold have to fall a lot more to catch up with the
gold stocks? Looking at past market crashes in 1987 NEM was
down over 50% in a few days. In the 08 crash most gold stocks were
down 50% or more, back then that crash in the gold stocks took
longer than just a couple days LOL
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Gold stocks way out of
Posted by victorh on 12th of Mar 2020 at 03:31 pm
Gold stocks way out of whack, look at GDXJ down 22% today and making a new low for the year. GDXJ was last this low when Gold was hundreds of dollars cheaper. Ditto for most other gold stocks. Will gold have to fall a lot more to catch up with the gold stocks? Looking at past market crashes in 1987 NEM was down over 50% in a few days. In the 08 crash most gold stocks were down 50% or more, back then that crash in the gold stocks took longer than just a couple days LOL