I have said it before but this time I hope longs will heed my advice. I am lucky helicopter Ben saved my brief Goldcorp investment and I sold at $45 and broke even. It is hard to imagine GG ever reaching $45, and sadly so many more bought at $55 and above. In 2012 alone it is down nearly 20%.
The ratio of the NYSE Arca Gold Miners Index to gold prices has shrunk to about 0.7—the lowest in 12 years, and less than half its reading in 2006. Odds are good that gold stocks will start outperforming the metal, and are the safer way to bet on gold's enduring shine