Article By:
Kelsey Williams
Tuesday, June 28, 2022 5:31 AM EDT
Gold stocks latest swoon confirms what has been stated and inferred in my previous articles about gold mining shares – namely, gold stocks are a lousy investment.
The Precious Metals “Correction” : Now What ?
perhaps the real "correction" is a running correction where prices continue trending up, or a mild correction. In both cases the overbought condition is addressed. We have come off a 50 year low in the BGMI/gold ratio. Just to mean revert to a normal ratio, the $HUI would need to double, then double again from here.