The gold miners' stocks are still stalled, mostly grinding sideways despite higher prevailing gold prices. This lack of progress is really frustrating traders, slowly shifting herd psychology towards apathy. That's the mission of high consolidations, gradually rebalancing sentiment by bleeding off greed. This healthy process has already come a long way, but still needs to fully play out before gold stocks' next upleg can run.
The VanEck Vectors Gold Miners ETF (GDX) remains this sector's most-popular benchmark. Launched way back in May 2006, its first-mover advantage has grown into an insurmountable lead over