Gold stocks are rallying in the short-term, but the real move may still be ahead
This article views the gold stock sector’s big picture bullish situation from the standpoint of a single indicator, the HUI/Gold ratio and its relationship to the 30 year Treasury bond yield.
On the shorter-term and without going into tactical detail in a public post, the gold stock sector will either continue bouncing to end the correction that has been in force since the spring or it will take a final plunge. A final shakeout that could come amid vastly improved or improving fundamentals. As of the end of Q3 those fundamentals had not improved. They had degraded.
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