| Hi Jim, The now semi-precious yellow metal is still suffering from one hellish and incredibly long bear market, and all of the significant rallies in the past two years have been traps for the bulls..... The gold stocks are so low now that I no longer issue any sell signals on them, just buy or hold depending on conditions. Right now most of my gold stocks like AEM, AU, HM, PDG, etc are on hold signals, waiting for the next buy. One thing gold and the gold stocks need is a falling dollar, and the dollar did in fact just go through a bit of a correction this past week, but appears to be stabilizing for now..... Also, gold mining companies have to learn to stop sabotaging their own product prices reducing hedging and cutting back on supply, but they won't in my opinion, as they are incredibly stubborn and firmly into their bad habits. Yogi |
