Re: Gold up again, close to record highs, yet....
Well, any potential warning signs that the gold stocks were flashing up to yesterday's close were thoroughly washed away today as the equities rocketed higher with Gold's $20 plus move to new all-time highs. GDX outperformed Gold by a good margin on the day and also closed well above the $62 resistance zone. GDX and the gold indices (HUI, XAU, etc.) have still not hit new bull market highs but are within shooting distance once again after today's sharp advance.
Wonder what today's action did to the bullish sentiment numbers...the 'bugs' must be in a pretty celebratory mood here I would imagine...