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One of the most explosive assets in the world is starting a new uptrend
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Monday, May 18, 2009
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By Brian Hunt in DailyWealth:

Our chart of the week is a micro version of Thursday's "most important chart in the world."

Thursday's chart displayed the fresh nine-month high in GDX, the gold stock ETF. This is a critical breakout for our "inflation hound." Gold stocks rise when government money printing spooks investors.

GDX is full of the biggest and best gold miners in the world. But what about the small gold stocks... the tiny resource producers that can soar thousands of percent when inflation kicks up?

Read full article…

More on gold stocks:

Gold stocks break through critical technical level

Jim Rogers on why gold prices could temporarily collapse

Topics: Gold | Inflation | Stocks
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