Major Gold stocks in USA didn't move because
Van eck/ gdx/lost a few million shares on issue in the etf, that's what controls the gold stock moves. Of late everything in their gdxj basket has been running hard month on month, everything in gdx basket here has lagged seriously
The manner in which it operate gives them the ability to put the prices exactly where they want it as they make super profits between themselves, etf holders are always wondering why it doesn't track the basket
As money comes into the sector after years they will lose the ability to do this eventually
My sense is van eck is short gdx stocks ATM
C how we go ayy
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Gold pattern pointing up, page-1004
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