Hardly spanked, unless your talking US gold index's. If things continue to play out as expected we will simply have period where AUD gold will outperform USD gold, USD will outperform AUD and equities across the board will correct their huge run of the last seven months, gold equities included. One could hardly say it was unexpected, enough on here have suggested as much for the last month or so.
At some stage over the few months will be the time to get set for a significant move IMO, esp in gold equities, so spend the time assessing what you want to buy and at what price.
Then let that price come to you.
For those that are new to HC a post titled 'The gold stock reference post' may be of some assistance. Use the advanced search function at the top of the left hand side column.
Cheers
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