Gold And Miners Finally Bust Out
As I wrote on August 24th regarding junior miners, “...as I look at the miners, I’m seeing signs of life. If you believe the breakout is meaningful and want to amp up your commitment, a good way to do it would by via the triple-bullish ETF symbol below, which itself has had a clean breakout from a rather long downtrend.”
Well, it didn’t take long for this to blossom, as gold has broken out smartly.
Followed, naturally by miners…
…and the juniors themselves.
I remain cheerfully long the miners, having augmented my position this morning.
Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...
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