With todays gains are all evaporated. What the #$%$@#$ is going on today. Even oil is down which is normally good for miners. WHAT A PIECE OF SH@#$
Market tanks, GDX tanks.... Market soars an GDX is even on the day. I would like to see GDX climbing again but I don't see or justify how it will as normally fall are great times for the miners. Not this year or last!!!
I am starting to wonder if the huge drop in Gold today was just temporary.
On a day that Gold was down 3%, GDX ended down 2.4%.
Normally when you see action like this means Gold will head higher shortly as the miners did not tank as much IMO... Or will they tank tomorrow to makeup the disconnect that happened today!!!!
Can you provide an analisys of why you predict such a big pop coming. You have been sating this
for I don't recall how long. Probably like 3-4 months.
It normally trades in correlation to gold.
Gold was sitting at 1290$ prior to FOMC meeting when the big pop occured to 1370-75. At the time GDX was 25.40 when gold was 1290. Gold is now 50$ higher and GDX is lower. WT### is going on.
Also GDX trades about 3-4$ to SLW, Now it trades at a premium of 20 cents. Something is not right here!!!!
Miners should be rising to to rising gold prices and falling oil prices.
Is there anyone who hold a valid and logical explanation on why this is happening?
You keep saying GOLD heading to 1600-1700$, what time frame you have on your call
Make up your #$%$@#$ mind #$%$
1 minute you post strong buy next minute it's strong sell.
GET OFF THIS BOARD YOU PHONNY #$%$