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A BIG sign gold stocks could be ready to take off
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Friday, July 09, 2010
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By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report:

One of the big hints that gold stocks will be ready for take-off is when they stop following the broader markets and strictly track gold, particularly if the market falls and gold stocks don’t. We now have data showing this has just occurred.

From April 2009 to April 2010, gold stocks mirrored the S&P. The two markets held hands as often as high school sweethearts; there was very little separation between them. While it wasn’t always a daily connection, any weekly and especially monthly chart showed them moving in tandem.

Until now...

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Casey Research: A great primer on valuing gold stocks

Must-read: Why gold stocks could shoot 1,000% higher from here

Topics: Gold | Mining | Stocks
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