Surfer,
I hope you are right about your statement, "so I expect this pull back in gold to be short-lived."
I am not sure if I am buying this or not. This pull back has been going of for at least one year, and it does not seem to be letting up. Any day, like yesterday, where gold stocks go up, is immediately followed by an ugly day like today.
There is never any continuity or consistency in the performance of GDXJ. The price of gold moved up about 200 bucks over the last three or four months, and GDXJ went down. There seems to be a disconnect between the price of gold and the PPS of gold stocks....