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Analysis Topic: Stock & Financial Markets

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Stock-Markets

Monday, January 05, 2015

Gold and Mining Stocks Refuse to Decline Despite Soaring US Dollar / Stock-Markets / Gold and Silver Stocks 2015

By: P_Radomski_CFA

Briefly: In our opinion no speculative short positions in gold, silver and mining stocks are currently justified from the risk/reward perspective.

The USD Index soared much higher on Friday, well above the previous high. With the USD Index being so high, it seems odd that gold managed to close higher and the same went for mining stocks, which even outperformed the yellow metal. Is the rally in gold around the corner?

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