the gold stock correction is playing out mostly as expected, now hitting targets
Back in January we (NFTRH) targeted the PDAC time frame (1st week of March) for a much needed correction of the excesses to begin. Gold stocks, along with gold and silver were due for a beat down after all that 2025 bullishness and market leadership.
This was aside from the fundamentals, which have deteriorated to a moderate degree in 2026. It was simply market mechanics. The market was going to find some excuse to knock gold stocks down. That excuse finally came in the form of war and the resulting spike in oil prices (oil/energy being a heavy factor in mining costs).
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