My question, is why has it taken so long for Gold stocks to reflect the drop in Gold? I was talking about Gold dropping through an important support level on the 12th and it has been all down hill from there for Gold.
Gold stocks seem slow to react to changes in market conditions, perhaps that is a good thing because it reduces volatility and leaves interesting trading possibilities.
Comments please.
DYOR, I make wild guesses.
SAR Price at posting:
36.5¢ Sentiment: Hold Disclosure: Not Held