A Look Into GDX and GDXJ
Doc and I chat about the GDX and GDXJ charts today. In the middle of the trading day GDX finally broke above the 20.50 resistance level and managed to close near the high of the day. As for GDXJ it is not performing as well but has shown some recent strength. The beginning of the year will be critical for the trends in metals.
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That is Christopher David Steele, who seems to be called Christopher in the US and David in the UK.
I am up 9% on a NUGT scout. Wify up 3% on a GDX scout.
Doc your thoughts on oil. Charts showing possible 3 yr cycle low forming can oil recover to $60 level by next spring if stocks and econony continues to weaken?
Doc, what do you think about Auryn resources (AUG) at .90 a share?
OFF TOPIC: POLITICS:
https://www.youtube.com/watch?v=_QLgTYVR_mQ
David Steele STUNS British Judge: “I Worked for Hillary to Frame Donald Trump”
MI6 Agent in British Court
Prepare the cells for Hillary AND Comey.