Wednesday 14 September 2011

What China’s Secret Gold Cache Means for Aussie Gold Stocks

What China’s Secret Gold Cache Means for Aussie Gold Stocks

Gold has set new highs and grabbed the headlines recently.
But what about gold stocks?
The theory goes that when gold rallies, gold stocks rally harder. But in the last six months gold stacked on 30%, while gold stocks barely managed 5%.
Gold (red) rallies 30% – but gold stocks (blue) are left at the standing
Gold (red) rallies 30% - but gold stocks (blue) are left at the standing

Take a look at the ‘Gold Bugs index‘:


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