The gold stocks took one on the chin as some optimistic news coming out of the financial sector helped buoy the broader markets during Tuesday’s session on the Canadian Markets. For the tale of the tape, the TSX Exchange surged 4.14%, while the TSX Gold Index lost 7.3% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 0.54% with the decliners beating out the advancers by a 378 to 307 margin on 109 million shares traded.

In a rapid turn of events, it was the gold guys’ turn to get wacked during Tuesday’s trading session on the Canadian Markets. For the tail of the tape; the TSX Exchange added 2.77%, while the TSX Gold Index plunged 9% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, fell 2.88% with the decliners swamping the advancers by a 536 to 265 margin on 154 million shares traded.

The bulls managed to beat down the bears during Friday trading on the Canadian Markets with the gold miners leading the charge higher. For the tale of the tape, the TSX Exchange tacked on 1.67%, while the TSX Gold Index surged 7.3% higher and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 1.12% with the advancing issuers edging out the decliners by a 370 to 344 margin on 128 million shares traded.

Almost everything we use in modern society contains large amounts of raw materials. And they can’t be mined fast enough to keep pace with demand, especially from emerging markets. Lundin Mining Corp. (NYSE:LMC) is a strong Canadian mining company, with no debt and world-class assets. And it is a steal at today’s beaten down prices.

The Canadian Markets started off the trading week in fine form with investors cheering both the bailout of Citibank(NYSE:C) and President Elect Obama’s economic vision in the United States. For the tale of the tape, the TSX Exchange added 3.50%, while the TSX Gold Index climbed another 1.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gained 2.64% with the advancing issuers outpacing the decliners by a 421 to 357 margin on volume of 166 million shares traded.