Gold will need to prove that it will remain at these levels for the long term. Far too many speculators have entered, plenty of talk of a gold boom, equities that have not moved with the gold price. This gives the overall impression that cash is not willing to enter gold stocks without first seeing a serious correction in gold bullion and proving up several long term support prices.
As an example, during the 1980's when gold had a spectacular run (for its time) gold stocks didn't follow as much until AFTER gold had a serious correction, then rebounded. Stocks followed that, about a 2 month lag time from memory. The other part from that is that Gold then tumbled down, along with the stocks.
Good luck holders.
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