Commentary Topic from greenfaucet
Real-time Monetary Inflation (last 12 months): 2.6%
PHEW! Thursday was quite a day! Spot gold dropped more than $48, or 4.4 percent, dragging gold stocks with it. Well, when you actually look at the losses sustained by the miners, you're apt to think it was the equities that led the descent. The Market Vectors Gold Miners ETF (NYSE: GDX) gave up 5.5 percent yesterday.