Bittersweet Truth for Gold Stocks: What You Need to Know

From sunshineprofits.com

When the Fed entices grown up kids with sweet words, they hit the candy store and stock up on gold, silver, and stocks. A sugar hangover follows. Beware of the candyman! With Fed Chairman Jerome Powell performing his usual dovish dance on Aug. 27, gold, silver, and mining stocks were like kids in a candy store. However, with the short-term sugar highs often leaving investors with nasty stomach aches, the sweet-and-sour nature of the precious metals’ performances may lead to pre-Halloween hangovers. HUI Index: Harbinger of Things to Come To explain, while the HUI Index invalidated the breakdown below its previous ... (full story)