by Stewart Thomson
1. The US stock market is in “sleigh ride” mode against gold stocks.
2. Please click here now. Double-click to enlarge this chart. Yesterday was another day of disappointment, fear, and outright terror… for most investors who are locked in the Dow versus GDX sled.
3. The disintegration of the US stock market against GDX began long before Corona started, and it will likely continue long after a vaccine (real or purported) is announced.
4. Please click here now. While Trump’s “poster boy” stock market tumbled 1000 points yesterday, he wore a gold tie in India but said absolutely nothing about the need for investors to own the world’s greatest metal.