Monday, May 18, 2009

Gold Stocks Signalling Inflation?

This may be the most important chart of all, it's one I keep a good eye on. This is a chart of Gold Mining Stock ETF, symbol GDX. As you can readily see gold mining stocks have been rising lately. The gold stocks are smelling rising inflation down the pipe and are moving in anticipation of a rise in gold and silver. Owning GDX is a great way to get exposure to what may be an expolsive sector.-Lou

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