fact is as such, Gold stocks are in a bear market. Last bull run in the 70-80 many people forget to mention that PM shares actually went into a near 40 month correction phase from 75-79ish. Before have a 18mnth blow off, where they jumped 1000% of percent. Am i suggesting that will occur now ? no. I believe the bear market has a little longer too go.
Perhaps once gold bottoms, i think that will occur once the USD hits 88-90. Either way, good buying around here.
IGR Price at posting:
28.5¢ Sentiment: LT Buy Disclosure: Not Held
