HELP!!!
It's Getting Very Tricky Here In The Gold Sector Right Now:
Gold seems poised to break out, and up through the $1,000 "ceiling". While, gold stocks appear also to be headed north, far north.
Some often cited reasons for this are: those fleeing the USD, a hedge against inflation, seasonality, and positive technical indicators from chart interpretations.
So, are we really "off to the races" this time (again)? That is, are we off to a sustained level above $1,000 gold?
Since, as many are predicting, we are soon headed for a big big mkt. fall this Fall. So, if/when this happens, and there is a general sell-off/liquidation/crash, like last year, then when and by how much will the PM sector suffer?
Baires