RE:Commodities up?Bingo Gangster! Ditto everything you are sensing. I'm wondering if this summer doldrums period is the calm before the storm.......Gold acting as solid as a rock in a pause rather than pull back.
Did Morgan Stanley pay a few hundred million in fines for manipulation of the paper gold market, and a couple of their traders doing actual jail time put the kibosh on the blatant manipulation of the paper gold market?......hmmmm.
The Western investors will wake up to the extreme undervaluation, historic undervaluation, of gold and other resource related stocks, all while the general stock market, and the favored tech stocks are WAY beyond nosebleed territory.
Resource stocks seem poised to begin a bull market, and I sense they may be able to have their own independent bull market in spite of a general bear market.
NFG seems to be gaining recognition as a Go To stock in the gold exploration / developing gold miner category. I think I recall Michael Arnold, the renowned technical analyst and market observer say that the quality gold exploration stocks will out perform the producers.
The proof of whether gold stocks will act as a safe have in the coming bear market will only come when the bear market happens....but, I think it is possible. Too many factors have been pushing gold to the forefront of investors attention, and if gold is acting as a safe haven investment, able to have a bull move, or at least stability in a looming bear market, why should not the gold stocks, particularly those with the best presence of stand out prospects and progress, act as safe havens along with gold itself?