Richard Postma – The Doctor Is In – Tue 20 Aug, 2019

Comparing Gold to GDX

Doc joins me today to take a look at some of the longer term gold charts. We also compare the gains in gold to the gains in gold stocks – using GDX. What is interesting is that the stocks did not have the same sort of breakout as gold. GDX came close to breaking the 2016 high but it did not get there. Take note of the time frames Doc is working with.

Gold to GDX
Gold – weekly 5 year chart
GDX Monthly