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Jordan Roy-Byrne: Normally, decoupling from the stock market is a good thing. In recent turbulent times, many have wondered if emerging markets would decouple or if gold stocks would decouple. Its surprising to see gold stocks decouple from a strong stock market. Many wondered if the sector would Read more…
Jordan Roy-Byrne: Gold is higher by 20% this year but the large cap gold stocks (NYSEARCA:GDX) are down 6% while the junior gold stocks (ETF) are down 25%. With Gold higher by 20%, we’d normally expect the gold stocks to be up 50% and more. Needless to say 2011 has been a difficult year for gold bugs. Read more…
Days ago I was watching Peter Schiff on Yahoo Tech Ticker. Normally, I find myself in agreement with Schiff. This time, however I disagreed with his comments on the gold stocks. He was saying to Read more…
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