It seems to me the selloff in the gold sector is healthy, and simply a small move down in the context of a broad bull market.
It seems to me the selloff in the gold sector is healthy, and simply a small move down in the context of a broad bull market. Here are a couple of charts to bolster my claim:
Gold Bug Index
(Click on image to enlarge)
Gold Sector Index
(Click on image to enlarge)
This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
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