Gold stocks vs US Markets – Still correlated but gold stocks are outperforming
With moving higher and GDX breaking out it is important to consider what US markets are doing as well. The gold stocks and US markets are still positively correlated but the gold stocks are far outperforming recently.
Jordan Roy-Byrne joins me to share his thoughts on the charts for gold and gold stocks as well as the comparison to US markets. We also dive into the balance between the major and juniors.
Click here to visit Jordan’s site – The Daily Gold
In case you missed it there are a couple special webinars in the coming week! Click the links below to sign up and have first access to the live event and the recording.
Great Bear Resources – Thursday April 23rd at 11:30am PT – Click here to sign up
IsoEnergy – Wednesday April 29th at 1pm PT – Click here to sign up