Gold Stocks Enormous Daily Slide

Yesterday was just another period of back-and-forth movement for gold, silver, the USD Index and even the general stock market – but not for precious metals mining stocks. Gold stocks and silver stocks plunged very visibly - there are very important implications of this move and they are not bullish. Let’s take a closer look at the charts (charts courtesy of http://stockcharts.com), starting with the GDX ETF (proxy for both gold and silver stocks).

First published here: Gold Stocks Enormous Daily Slide