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Gold ended yesterday’s session $11.60 higher, and what did gold stocks do? The HUI Index was down by 1.21 (0.48%), the GDX ETF was down by $0.18 (0.55%), and the GDXJ ETF was down by 0.45 (1.05% – so, profits on our short position have increased further). Sometimes gold stock...
The two largest bubbles in all of history have been in a super inflating mode for over a year and have pushed valuations of both bonds and stocks completely into unrealistic and unsustainable territory and are nearing Bubble Bursting status. The Stock and Bond Markets are now in full blown Bub...