Do The US Markets Need To Crash To Help Gold Breakout?

David Erfle, Founder of The Junior Miner Junky joins me to address the question, do the US markets need to crash to help the precious metals breakout? Both gold and US equities have been heading higher recently but now are both at near term strong resistance. We also look at GDX and the recent gap that has been filled. There is still a gap from January 25 but David thinks that might not get filled. It’s important to watch what the stocks do to see how deep the correction will be.

(Audio length 00:10:01)

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.