Most Viewed
RERUN: What Happens When Gold Stocks Diverge From The Bullion
When gold mining stocks diverge from gold bullion, the yellow metal typically rallies, said David Erfle, Kitco News contributor.
“That’s happening right now. If you look at the GDX and gold ratio, the gold stocks are positively diverting from gold, so ever since the bottom in the GDX was hit, ironically on September 11 last year, the trend has been up and it stayed up,” Erfle told Kitco News.
Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
