Yes it's still a bull alright. Been in trouble since Sept though and needs to re-prove itself again with the damage done technically over the last few months. Here is a chart of ABX in black with GDX and GDXJ and GLD overlaid. Notice ABX is outperforming most everything in precious metals and holding its own with Gold as well. Thinking about it there are a lot of typical 'stock' issues with many Gold stocks such as AEM etc that are weighing down the ETFs. When I get long again it will be with ABX the double Gold ETF:DGP. See link.