Gold and especially gold stocks are counter-cyclical. We have been noting forever and a day that the macro fundamental picture for gold stocks is incomplete, but..
I expect a big move in the sector sometime between now and Halloween. Also, keep in mind that the effort to prevent gold and silver from moving higher has been particularly aggressive since..
But that anomalous market event is already reversing, with the dollar rolling over and gold recovering on resuming buying from both gold-futures speculators and investors.
