Loading ...yeah, it is odd. Looks like the gains in GDX and the HUI are mostly driven by Randgold and GFI – especially Randgold, up 11.5%, almost $7.
Wonder what some of these shares would look like if gold was up more than $2?
Nonetheless, today is the first day that even smells like short covering in a very long time. Course all these gains could easily be wiped out by tomorrow am after the report. The jobs report is almost never friendly to pm’s.