4min chapter

Forward Guidance cover image

The Bear Market Ended Months Ago, Says Master of Turning Points | Milton Berg

Forward Guidance

CHAPTER

GDX Is the Best Kit of Gold Stocks

Gold stocks are a very volatile, volatile group and they have historically tremendous trend as rallies and tremendous trend as declines. We think that the gold stock index, since they've moved along with the equity index, this is actually the index bottom in this year in June, October. The September 26 low in the GDX is a final low for the latest decline. But we think we're early in the bull move on the GDX and in gold itself.

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