Mining Stocks Rally: Good News for Precious Metals?
In recent days, the Gold Index ($HUI) closed at its highest level in over a year. The surge is a sign that we may not be embarking on a new bull market for physical precious metals.In just a few months, miners such as Endeavor Silver Corporation ($EXK) and Barrick Gold Corporation ($ABX) have seen their share prices rise 30% and double, respectively.Usually, such a move … [Read more...]