Gold proponents argue the bull market can continue due to negative real interest rates — bond yields minus the rate of inflation. [Metal Bulls See Buying Opportunity in Gold ETFs]
In gold stocks, Market Vectors Gold Miners (NYSEArca: GDX) also rose fractionally on Monday after dropping nearly 6% for the trailing week. [Capitulation Time for Gold Miner ETFs?]
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Full disclosure: Tom Lydon’s clients own GLD.