Now how many people have been posting over the years and telling us when the Dow corrects then gold stocks will fall down along with it.
On a number of times I have said this shows NO historical perspective and that a rising gold price in a gold bull market will mean that gold stocks will rise while the Dow falls.
Well, I think last night's price action clearly illustrates my point.
Dow down 220 points to 13,043.
HUI up 25.75 points to 435.12.
That is a RISE of OVER 6% for HUI gold stocks while the DOW FELL nearly 2%.
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- dow smashed ... gold shares up 6 per cent ..
dow smashed ... gold shares up 6 per cent ..
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