The gold stocks bounced strongly today after the February jobs report confirmed
the Federal Reserve will hike interest rates next week. While precious metals
rallied strongly following the previous two hikes, I’m not so sure today marks
the start of a big rebound. For one, the Federal Reserve could hike rates again
in July. Second and more important, the technical setup argues for more back
and forth action in the weeks and months ahead. While the current price action
in the gold sto