IAUF - A Needed Refreshment Period For Gold Stocks

After a sizzling summer rally which saw gold stocks soar by an average of 35% over a three-month period, mining shares are finally experiencing a “correction.” In the last few days, gold mining stocks have declined sharply as investors book profits in the wake of short-covering in the equity broad market. Despite this show of weakness, however, the bull market in mining shares isn’t over. In this report, we’ll review fundamental and technical evidence which points to a continuation of the intermediate-term rising trend in the gold mining sector in the fourth quarter.

Gold has

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