The dollar’s decline against the Euro and other major currencies has dominated the financial news. In the past two years the Euro has gained about 25 percent against the dollar and the Wan about 18 percent since 2005.

Our favorite gold stock, Avocet Mining, is looking battered!   But things look like they’re about to turn. A recent trading statement delivered positive news.

It used to be that gold stocks outperformed the rise in the gold price by roughly a factor of three. But then energy prices went up, and the lights went out in South Africa.