We have noticed for 3 consecutive weeks that the Gold mining index has outperformed the Gold index. Gold mining index measures the Gold mining company prices. It has been 3 weeks up!
We have seen that the trend has changed for Gold mining companies. This may be the start. For the last couple of years, the gold mining companies has been underperforming the Gold price.
I would suggest if you like to purchase some bullish stocks, look at companies like Goldcorp (GG), Newmont Corp (NEM), Randgold (GOLD). They are going up and up these 3 weeks.
They may be better hedges than Gold price and other stocks.
Look at this GOLD MINING SECTOR!!!