Appears to me that while waiting for the break out in gold , everyone is sitting on the sidelines while the miners have left the station. Remember ,stocks were way ahead in their decline before gold declined. It takes a long time for big players to put on positions in the stocks and they must try to hold the gold down until there close.

Al sub $50 oil is a pretty strong fundamentals and that’s impacting the miners in a major way.
Your still looking for people to join you on the sidelines! It’s going to get very lonely standing there with your finger in your mouth.

Peter

Some people are going to run out wood for the campfire and marshmallows on the sidelines.

You can still ride her up to 1350 with a buy and hold strategy. Just buy and close your eyes. When you open it should be around 1340-1350 then sell and wait for drop.

Glen
Subconsciously the 3 Muskateers refuse to admit they are wrong, that is a dangerous mindset. I stated back in Dec. that this cheap oil will boost these mining shares, and here we are 🙂

Peter

Glen
A transfer from week hands (Tax Loss Sellers)to strong hands (Money Makers) 🙂
The weekly chart says it all.

Peter

Peter