Seeking Alpha

Gold mining stocks (GDX) have skied 28% since early August, a reverse from several quarters of...

Gold mining stocks (GDX) have skied 28% since early August, a reverse from several quarters of miners trailing well behind the metal (GLD), and Weeden & Co. sees further upside ahead even in the event of a minimal advance for gold. From a technical view, the trend of gold miners’ extreme underperformance vs. the metal appears to be broken, the firm says.
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Comments (1)
  • sailorpablo
    , contributor
    Comments (2) | Send Message
     
    Miners are different from gold as they have enormous capital costs which must be invested well before production............... me, miners should actually outperform Gold if they are to be competitive.
    19 Sep 2012, 04:49 PM Reply Like
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