....until fund flows return to the gold sector stocks, gold stocks continue to underperform physical Gold.
....when would Gold stocks strong rally begin?
....when the love for tech stocks end, and they end when they crash or correct and stay down. This would happen after the crash and when Fed QE begins and rates plummet....that's when exuberance dries up for bullish sector stocks and diverts to safe haven type gold sector.
...reminder: Gold stocks are not Gold. If and when correction arrives, Gold stocks will be hit badly.
This is a pretty interesting 3 minutes on
$GDX and
$GDXJ net OUTFLOWS as gold marched from 2000 to 2900. Still boggles the mind how this happened.
https://x.com/real_MikeBarnes/status/1891906701420278048
