gold extends longest streak since 1920, page-3

2013 is likely to be the year that overexposed goldbugs become the 'nouveau poor', as gold tanks, heading toward the gold indexes which are all way down.

For the last 2 years gold is up 18% , but the HUI is down 22%, GDX down 25%, GDXJ down 52%, XGD down 37%.

If gold was to match the HUI, the index which is down the least it would be US$1005.

If it was to match the GDXJ, it would be US$502.