Tuesday, February 18, 2014

Follow up: GG gains 33% Dec 19 2013 to today

Last month we posted a sentiment indicator that showed gold, and gold stocks were universally hated.

Contrarians regard this as a buying opportunity.

Sure enough, Goldcorp, and its kin, rose fairly dramatically from deep, deep discounts in December, 2013.

Some say gold has bottomed, and will rise over time to make new highs.  Others say it's going to 1000 and below.  The game goes on.....