We have seen a correction in gold since early August that finally appears to have come to an end with Tuesday’s big rally in the gold and silver price. That rally though was foretold by several key technical indicators over the weekend, including the GDX/GLD ratio as I wrote about in this post Sunday.
Things are now setup for mining stocks. I talked about this with Dave Skarica of addictedtoprofits.net and also about what risks are on the horizon for the markets and even for gold investors in this video interview with him.
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