Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Fueling Gold Stocks' Next Upleg Adam Hamilton

Fueling Gold Stocks' Next Upleg

by Adam Hamilton

Gold stocks' new bull market this year has already proven breathtaking. This obscure sector has nearly tripled within a matter of months, yielding immense profits for the smart contrarians who bought in low. But after such a blistering surge, what's going to fuel gold stocks' next upleg? Heavy gold investment buying driving its price much higher will greatly boost gold-mining profitability, attracting in far more capital.

Gold stocks' new bull run in recent months has been massive. Their leading benchmark HUI gold-stock index skyrocketed 182.2% higher in just 6.5 months between mid-January and early August! No other sector in all the markets is even remotely close to challenging this commanding performance. Yet this mighty gold-stock bull still remains young and small, with the great majority of its gains still left to come.

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