There is no excerpt because this is a protected post.
This chart from ShortSideofLong plots the HUI and the percentage of its stocks trading above the 200-day moving average. Breadth by this statistic is the highest since late 2011. It’s a good sign for the potential of the gold stocks to breakout soon. Source: SentimenTrader (edited by Short Side of Long)
Tiho’s latest thoughts on the gold miners….
Our current insights and observations on PMs…
September has a history of marking an inflection point for precious metals….
A lot of observers are wondering when the bottom will come for the gold market, and evidence globally is starting to suggest it could be soon…..
Gold is showing increasing strength against the other asset classes…
Dave Morgan, editor and published of the Morgan Report discusses Gold, Silver and the bottoming process for the sector. We also discuss the leadership the mining stocks as well as the COT.
We’ve been very bullish on the miners since January but became concerned recently with the poor technical action in the metals (specifically Gold). Last month the mining indices were very close to a major breakout yet couldn’t punch through. This signaled that Gold could begin a deeper decline and the miners would be vulnerable. However, […]
Here are updated daily charts of our top 40 & top 15 indices…