Gold Stocks are garbageAs long as the Americans are vying for global (economic) supremecy, they will never allow gold to run. To do so would be to strengthen thier adversaries position (ie: China. Russia, etc).
As long as they can sell you a paper equivalent for an oz of gold, the price will be firmly controled.
Remember, the big rally in Gold from $300 - $900 was done in a era when the Gold ETFs were non existant or in thier infancy
Fundamentals mean nothing in this era. Forget gold and gold stocks -- DEC could drill 100m of 100g/t and it would still mean nothing.
I've watched companiess like FR and LSG and G, etc achieve record production , record profits and the shares have only gone down.
So, if top of thier (respective) class producers like FR and G can't rally on strong fundamentals, what can you really expect from DEC?
Forget Gold stocks - go buy big american banks
JP Morgan, etc up nicely today
If you can't beat em join em