by David Kranzler
Investment Research Dynamics
The precious metals sector – gold, silver and mining stocks – is in the early stages of a rabid bull market. The mainstream media has been dead silent on the performance of the precious metals, which is not a surprise to those of us who have been involved in the sector since 2001, when gold bottomed at $250, silver was around $4 and the HUI index was at 45.
Since September 2018, gold has significantly outperformed the stock market. In fact, per this chart below, measured in terms of real money the Dow is in a bear market – down 36.3% since September 2018: