These revered buy signals green light technically-oriented traders to increasingly chase the mounting gold and gold-stock gains. Golden crosses boost confidence in uplegs’ staying power, fueling more buying.
Presuming this is a real bull market for precious metals, it is too early to worry about a big correction. Technically, GDX and GDXJ just broke out two weeks ago...
Mr. Spina is the founder and president of GoldSeek.com, a precious metals news and information website since 1995. He has been investing in junior precious metals ...
Copper and Gold miners are leading the Q4-Q1 rally in broad asset markets. The gold miners have led broad US stocks for nearly 5 months (and counting).