Loading ...Gold-Stock Upleg Rebound
The gold miners’ stocks are still grinding sideways after last month’s Fed-rate-hike scare. This technical basing is laying the foundation for this interrupted gold-stock upleg to rebound. Today’s low gold-stock prices relative to the metal they mine will amplify that coming upside. The leading gold-stock index was just slammed back down to the support of its secular valuation uptrend, portending a big mean reversion higher.