Gold price is leading gold shares lower and explains weakness in...

Gold price is leading gold shares lower and explains weakness in the share price

Good article by Aden Sisters.

http://www.kitco.com/ind/Aden/20120501.html

Indications are that

"... gold is getting too high versus gold shares, and their time is coming right up. In other words, gold shares are near a bottom.".

"Overall, we don’t think gold shares are leading the way for gold. On the contrary, it looks like it’s just a matter of time until gold shares catch up to the gold price."

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My sentiment is hold for now but keeping close watch on all gold stocks (including IGR).