Still an opp in gold stocks?

On May 4th I posted about the divergence between the spot price of gold and the producers of gold, i.e., gold miners. I look at correlations a great deal (subject of my PhD thesis actually) and noticing a breakdown in the long run relationship I suggested there was an opportunity in gold stocks by [...]

Opportunity in gold stocks?

Spot price of gold and the HUI, daily, March 6th 2009 to May 3rd, 2012

Something curious is happening with gold stocks; the chart above shows the daily price of gold (black line) and an index, HUI, that tracks the performance of a basket of gold mining companies (red line) from the start of [...]