both are very much lagging behind the market. still wait at sideline for next in. any thought on which to bet if they come down further, gold ETF or mining stocks? confusing!
look like both are near the bottom. hmmmm, play or wait? hard decision to make
GOOD LUCK to all
There is a bubble in shorting miners.The exact opposite sentiment of around the 2006 period when GG first went over 40 and people where giddy to recommend miners. Now universally hated with the same enthusiasm.
Gold ETF?? yeah do it if you hate your money . Physical gold is better than everything at this time . Goldminers are cheap but in trouble because of bad earnings in the sector .
Sentiment: Strong Sell