After a rip roaring start to the month of October which saw gold miners (GDX) gain nearly 30%, we have seen a healthy pullback over... Continued
3 Reasons This Rally In The Gold Miners Is For Real
The gold miners (GDX) have rallied a whopping ~35% in the last month. However, we have seen this movie before and watched many rallies quickly fizzle... Continued
5 Reasons This Time Might Be Different For The Gold Miners
The gold miners (GDX) have rallied ~15% in the last three trading sessions and as measured by % above its upper Bollinger Band GDX is... Continued
A Notable Divergence in the Gold Miners
A notable divergence took place today between gold miners (GDX) and gold itself: GDX rose 2.46% as gold fell 1.1%. This is a large divergence... Continued
Small Glimmers of Hope for the Goldies
The GDX made a fresh all-time low this morning and the HUI (Gold Bugs Index) reached levels it hasn't seen since 2002: However, there... Continued
The Earmarks of a Market Bottom
"At a market bottom, falling prices eventually force out large numbers of traders, resulting in volatility and increased volume." ~ Cory Mitchell (Investopedia) This quote on... Continued
Gold Miners: Market Cycles Illustrated
Gold mining shares experienced a decade long bull market between 2001 and 2011 which saw the HUI (Gold Bugs Index) rise more than 18x: HUI... Continued
Nobody Cares About Gold Miners: Why That’s a Good Thing
Nobody cares about gold miners anymore. There I said it. The level of overall investor disinterest in this sector must be at an all-time low.... Continued
Two Charts That Signal Upside Ahead for the Goldies
After drifting lower on light volume for the last month the goldies (GDX) enjoyed their first strong trading session since early May: A high volume bullish... Continued
Goldies Stage Important Reversal – What’s Next?
GDX passed an important test of support today. The goldies were looking absolutely dreadful this morning but buyers showed up near a crucial area of... Continued