Jordan Roy-Byrne CMT, MFTA

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Gold Stocks Showing Strong Breadth

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)

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TheDailyGold Podcast: David Morgan

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.  

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