it the benefit of the doubt that THEE bottom is in and the 3 yr bear is over–take today for instance–the HUI-JNUG-GDX are not up that much-I think that’s because they are bucking the down stock mkt—if the SM were flat or up slightly, their gains might be double what they are–the fact that gold futures and stocks are up at all is remarkable….but there are always HOOKs to keep one out of a new bull [or bear mkt if one is short]. PM stocks lagging today may be a hook…to ride a trend for years is hard to do–and that is why so few will make a dime from the next great bull run in gold.
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