Gold Miners Return To Scene of Crash
April 15th, 2013 is a day that gold bulls would like to forget, but likely cannot forget. After nearly 3 1/2 years the GDX is on the verge of revisiting ‘the scene of the crash’ by way of filling the … Continued
Gold Miners Enter Most Bullish Period of the Year
The gold miners as measured by GDX are up nearly 120% year to date as they enter what is the best two month period of the year for the sector historically. Using the NYSE/Arca Gold Bugs Index (HUI) we can … Continued
Gold Miners Continue Bullish Trend Despite Gold Dip
The 2016 gold mining bull market is one for the record books. The rally which began not even six months ago has seen the GDX rise ~150% while many individual gold miners have risen 500%+. Meanwhile, the move in gold … Continued
3 Must See Gold Mining Stock Charts
3 charts that paint a picture of a sector that has experienced a tidal wave of fund flows during the first half of 2016 as valuations in the gold mining sector have moved from extreme undervaluation to a mild overvaluation … Continued
Professional Investors Have Been Selling The Gold Miners Since Friday Morning, Here’s Why
Since the market open last Friday when BREXIT fears were fully setting in and panic was in the air the gold miners as represented by the GDX have actually sold off significantly. Since Friday’s market open GDX is down nearly … Continued
Continental Gold Breaks Above C$3.00 as Investors Grow Optimistic About Environmental Permitting
Continental Gold (CNL.TO) is rallying back above C$3.00 today as it tests a key resistance zone: CNL.TO (Daily) The support/resistance zone between C$3.00 and C$3.25 represents a crucial test for CNL. A breakout above C$3.25 would complete a 9-month … Continued
The Gold Mining Bull is Back: Here Are The Top Ten Takeout Candidates
The gold mining sector is emerging from a five-year bear market that saw valuations collapse by nearly 90%. During the last few years, companies slashed exploration budgets and M&A within the sector dropped off substantially. Most gold miners were focused … Continued
Reason For Caution In The Goldies Despite 52-week Highs
Many senior gold producers hit fresh 52-week highs early in today’s trading session. However, there are some early warning signs that the gold mining sector is beginning to experience some exhaustion. While the miners have continued to move higher, 3 of … Continued
The Gold Capitulation Begins
Tuesday’s big sell-off in gold with a break below the 50-day simple moving average and key support near $1250/oz looks to have generated a significant liquidation in what was a couple weeks ago a near record net long position by … Continued
Why Today Might Have Been A Buying Opportunity In The Gold Miners
The gold miners got hammered today with a 5.51% sell-off in the GDX on relatively heavy volume. However, an interesting fact is that GDX has a pretty good track record following 5%+ one day declines. In fact the last four … Continued