gold stocks are still going to takeoff, right?

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    I tell you what, it's frustrating, so frustrating to see Gold up, HUI up and my portfolio of Gold stocks over 3% down today and the XGD over 1% down. Some days I feel like just selling the lot and being happy with the small amount I've already made, but then I read articles like this. They give me hope that one day the public will realise the excellent opportunity that Gold stocks present at their current low prices.

    Article by Jeff Clark:

    Math Today, Magic Tomorrow

    Here at Casey Research, we eagerly awaited the release of quarterly reports from the companies in our favorite sector. Why? The gold price was substantially higher last quarter than during the comparable meltdown quarter of 2008, so we were anxious to find out if it would lead to a spike in profits.

    Gold and silver producers posted substantially higher net profits, and yes, much of it due to higher metals prices. But amazing to many, higher profits did not lead to higher - or at least not significantly higher - stock prices.

    While most saw their stocks rise the day of their respective announcements, some actually fell if gold or the broader markets were down on the day. And they certainly didn't jump like you might expect when "soaring profits" splashed the headlines of their press releases.

    What gives?

    We have some answers straight ahead, including a big fat clue as to when gold stocks will take off and give us those "magical" price levels we think are coming.

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    Suggest following the link to the full article which has some interesting charts and ideas about what we might need to lookout for to see Gold stocks really take off.
 
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