I have posted about HL and NEM as my proxy stocks for gold and silver miners. Both are doing well, but as the miner group as a whole, are lagging the metals themselves. That isn’t surprising given the two year consolidation and the negative sentiment for the group. HL has actually moved up to the point where it is now positive for the year so unlike NEM which is still negative, it no longer has year end tax loss selling to deal with. I expect it to move towards 7-7.5 as silver reaches my targets of $25, $26 and $27. NEM will be filling the gaps at 51 and 56 as and when gold reaches the $1900 area.