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Major Bear Market For Gold Mining Stocks

  • Written by Syndicated Publisher No Comments Comments
    March 27, 2013

    If you think gold bullion has been in a funk, it’s only down 16% since its record high in mid-2011, and hasn’t made a new low since 2012 in spite of its continuing struggles.



    But take a look at the gold-mining stocks where the product is that same gold bullion.

    They have been in a serious bear market since early 2011, down 41%, and in a clear pattern of lower highs and lower lows. (41% is the equivalent of a 6,000 point plunge by the Dow).



    Which is out of synch with reality the bullion or the mining stocks?

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    About The Author

    Sy Harding publishes the financial website www.StreetSmartReport.com and a free daily Internet blog at www.SyHardingblog.com. In 1999 he authored Riding The Bear – How To Prosper In the Coming Bear Market. His latest book is Beat the Market the Easy Way! – Proven Seasonal Strategies Double Market’s Performance!