Re: Silver...GDX vs. Gold/Trades *PIC*

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In Response To: Re: Silver Continues to Run/Hallig. ()

Yup, lots of conflicting signals here in commodity land lately. As you say, Gold stocks have been underperforming Gold since December as well, and just can't seem to get untracked. After a promising move last week (false breakout?) the ratio is back fighting to hold above the water line (200dma).

Today highlights the problem perfectly with Gold hitting yet another all-time record yet most of the stocks have turned negative here (GDX, GDXJ, HUI, XGD)...something wicked this way comes me thinks....sniper rifle ready for it...patience is key here.

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Re: Silver...GDX vs. Gold/Trades *PIC*

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