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To: Rarebird who wrote (419823)1/18/2012 12:16:59 PM
From: Horgad  Respond to of 436258
 
True, the miners have been getting kicked lately relative to gold. As it has been in the past, it could be a sign that gold will soon follow them down. But I have bet the other way because I feel the fundamentals are still in gold's favor (like I believe the US will be forced into another round of easing soon to keep their exports competitive). So in my mind, it boils down to crappy or so-so technicals against the better looking fundamentals. Happy Trading.