Is The Current Weakness In The Gold Stocks Signaling A Move Lower In The Price Of Gold?

The gold stocks have recently been trending with the broader stock market. Does this mean we could see another downturn in gold? Here’s some insight…

David Erfle interviewed by Kerry Lutz on the Financial Survival Network

David Erfle believes that the current weakness in gold stocks and the GDX portend a further downturn in metals prices. In addition, we’ve got tax loss selling season moving ahead in Canada, which always makes Q4 a weak time for mining stocks. But once that’s out of the way, things should be picking up and we’ll see stronger prices.