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In the midst of multi-hundred and multi-thousand percent gains over the past year, gold has been left out in the cold. After getting above the psychologically-important $2,000 level, it fumbled and stumbled its way down by about 20% and only recently begin to show a pulse.
Given the marvelous breakout in miners today, illustrated by the miners ETF below, I thought it would be a good time to re-visit some interesting individual issues which I believe are good long positions in the miners category.
After doing nothing but disappointing people since August 6th, gold has finally accomplished what was a formidable challenge: it has pushed above both its horizontal line and its descending trendline:
