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

|By:, SA News Editor

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.