RE:RE:RE:great winnerGold is up and equities in general are down because someone decided to ramp up instability in the mid-east and people are moving to safe-haven assets. Precious metals stocks are kind of in the middle - they are equities and get hurt like all other equities, but they benefit from the rising price of their product. In the past, in situations like this, it has seemed to me that the immediate move for the pm stocks was down reflecting the market's distaste for equities, followed a day or two later by a nice move up reflecting the rise in gold.
Of course I could be totally wrong, but all the gold stocks I follow behaved like WDO today, decoupled from the price of gold.