RE: KITCO CHART -SAME THINGI'm sorry but can you please elaborate on what you are saying?
Last year at this time all the mining stocks were in the hole (TMM was about 30 cents). Financial sector were in the ruins.
Investors only began to embrace the gold market 6-9 months ago as a safe haven for hedging. Last December's situation isn't really comparable to this year because no one knew what was going on.
If you are talking about seasonal hires from Black Friday to Christmas, how many people actually work in retail to influence the entire unemployment rate? Have people actually been on a spending spree during this time as in the past? Also, sending more troops to war will most likely worsen the economy and feed the gold market.
Maybe there will be more dips..I'm sure there will be but in overall, gold is still moving higher. I think this is a once in a lifetime opportunity so investing today in anything in the gold sector will reap it's benefits. Despite any dips or not.