How much money has come into the resource industry since October?
Lawrence Roulston knows!
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audio really bad ….cant hear… thanks
The reality is that even with all the shock and turmoil in the markets. especially currency markets, PM’s have really done very little.
There is just no strong interest or follow through
GDXJ went up 39% in a month and on huge volume. I guess i don’t know what you’re talking about.
Take a look at the position of the RSI and ULT (and the rest of the indicators for that matter) and note the current levels compared to the levels reached the last time GDXJ was at the current price in mid November. Strength is building very bullishly.
http://stockcharts.com/h-sc/ui?s=GDXJ&p=W&yr=1&mn=0&dy=0&id=p31590331546
Claude and other Juniors on the Canadian exchanges up big yesterday. GDX and GDXJ should follow suit today.
I’m not at all surprised by that number. I have always liked Mr. Roulston’s take on the sector and I agree with him here —buy good companies with the bulk of your funds and make sure that even your highly speculative plays have merit.