Gold stocks seem to be following oil down... But gold, the metal, is holding up quite well...
With Gold stocks near 52 week lows ....some opportunities should appear...especically if gold does not go down as fast as oil...
Oil seemed to have a political factor priced in...to wit: the continuation of Repubican government. Now with Ms Nancy running the show...BIG OIL IS RUNNING SCARED!
BUT THEY SHOULD HAVE THOUGHT ABOUT THAT LAST SUMMER...WHEN BUBBA WAS FILLING UP THE F-150 AT $3 PER GALLON!