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If Down Is Up and Bad Is Good, Gold Stocks Must Be Hot

 

One of the stock market's laughingstocks is poising itself for a powerful rally, and the risk of tossing a bit of money into this sector doesn't appear to be too high for some market pros.

That's right; the gold bugs are biting.

While you're doubled over with laughter at the prospect of putting even a dime to work in gold stocks, consider that a handful of analysts think the maligned sector could be ready to climb. Excuse the fact, if you can, that the belief is based mostly on the fact that the strong negativity and indifference the market is showing toward gold stocks mean things almost have to get better. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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