Still Climbing
Precious metals and especially individual miners keep climbing higher. Wave after wave, the dust buyers and shorts are getting hammered. This wasn’t entirely unexpected, that is why I mentioned taking some profits and letting partial positions ride. This runaway , melting upward type of move can be rewarding, but cycle wise, it is will pause […]
Mary, Mary, Quite Contrary, How…?
Even in the toughest of environments, we see seedlings take root and blossoms shoot up. We also see the same thing happen in the toughest environment in the markets. At the time it may seem quite contrary, but this is also how bear markets can turn into Bulls. Are we seeing that now? lets […]
2-17-2016 Stretched
Yes, Gold and Miners got a little stretched in their recent run higher. We now see a bounce in the markets (Expected) and a pull back in the precious metals area. Lets take a look at the charts…
