Gold stocks putting in a lower high?
``Even though gold put in a higher high this morning, gold stocks put in a lower high. That is a negative divergence. Higher gold should mean higher gold stock prices, unless a substantial correction is in the works. One technician I follow says that is the case. We shall see. Often these juniors dance to a different drummer, but they are far from immune. So if large cap gold stocks roll over, Venture traded micro caps might hold up, but probably will give back a lot of recent gains(sic)...'' --
Metal prices follow stocks lower The prices of gold and most other metals are lower, following the stock market down, as unrest grows in Europe and uncertainty about the world economy lingers.