Loading ...False gold stock panic
The left-for-dead gold miners’ stocks are literally trading at stock-panic levels today! But they’ve been slammed to extreme lows in recent months on a false premise. Traders assume gold’s parallel plunge must be fundamentally righteous. But that was driven by enormous gold-futures selling on anomalous market events. As these unsustainable extremes inevitably reverse hard, the battered gold stocks will soar.