from King World News
On the heels of the Dow trading lower, bets on continued chaos, and gold, are increasing.
Gold Miners Soar While Financials Slide
May 6 (King World News) – Jason Goepfert at SentimenTrader: Lately, gold has been holding up and gold mining stocks have been rocketing higher. At the same time, financials have been barely holding water.
Relative to the S&P 500 index, the NYSE Arca Gold Miners index has made consistent new highs, while the S&P 500 Financials index has been mired near its lows.