Interesting.
HUI down over 6%, while GDX and GDXJ both also down but by lesser percentages.
Gold down a few dollars off yesterday's high - now at USD1681.
Goldies to underperform today I suppose. Here is one possible explanation from Ned Schmidt - "Gold Going Through Corrective Phase-Relax and Build Some Cash. - There will be better buying opportunities later this summer"
http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/03/27/ned-w-schmidt-cfa/gold-going-through-corrective-phase-relax-and-build-some-cash
loki
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