The gold miners’ stocks are correcting. They’ve been sliding and drifting lower on balance since their powerful recent upleg peaked a month ago. Corrections are normal and healthy in ongoing bull markets, rebalancing sentiment to pave the way for the next upleg. They also offer the best buy-low opportunities seen inside secular uptrends. Deploying capital in gold stocks after corrections multiplies wealth-building potential.
While most people dread corrections, battle-hardened speculators and investors embrace them. They make prices oscillate around their bull-market uptrends, greatly expanding their overall travel. The more price movement, the more potential upside to ride. Today’s gold-stock bull proves this. Consider it in terms of the most-popular gold-stock benchmark and trading vehicle, the GDX VanEck Vectors Gold Miners ETF.
