We still have a ways to go upward in the nearterm.
If you are short gold or the miners, the Hesses suggest you close or reduce your positions to minimize any more losses already incurred unless you've done your research and have keen insight into a specific company. Traders, in the opinion of Mrs. Hess and I, should obtain a long position in GG today.
He said he has gold. He didn't mention gold miners. That said, what gold stocks do tomorrow isn't related to what he said on t.v. tonight. There will be trading in other parts of the world between now and Thursday morning.
Bill, near term being the next few days? PM stocks typically sell off going into options expiration. My core position in GG is intact for the long term I sold half my trading shares today looking to sell the rest if we get another pop tomorrow, will plan buy back end of next week.