Gold Juniors and Silver Stocks Outperforming – Here’s what to watch next
Jordan Roy-Byrne joins me to address the fact the gold juniors and silver stocks have been outperforming majors miners, gold, and silver in the past week. While this is happening on low volume, if this trend continues it signals another bullish sign for the overall sector.
The sentiment in the junior mining gold space surpasses anything historically we’ve ever witnessed it’s inconceivable and astonishing the price levels that they’re currently trading at. This is considering the significant price advance in the last several weeks. The speculators dream come true. Fire sale that comes along once in a lifetime.
SILJ:GDX is what you watch next and it points to good times in the miners…
https://stockcharts.com/h-sc/ui?s=SILJ%3AGDX&p=D&yr=0&mn=9&dy=0&id=p33005223574&a=745541155
To a noticeable significant degree good times is an understatement in the perspective longer-term.
The stock market is likely to add to its gains as well:
https://stockcharts.com/h-sc/ui?s=%24NYA%3AGLD&p=W&yr=5&mn=0&dy=0&id=p26401762297&a=745559256
Jordan isn’t as exuberant in this interview as his last interview with Cory but seems to be very bullish in the long run. “over the months ahead………..”.
Here’s another favorite: Michael Oliver on J Taylor’s page: Talks mostly philosophy and is definitely worth listening to. https://marketsanity.com/michael-oliver-explains-his-latest-momentum-and-structural-analysis-of-the-markets/
Just loving roxgold. Good news again.
My order to buy LOMLF@.87 was filled in the last minute of trading! I have a suspicion that they will find a 30 million oz gold deposit in Figi and will be bought out buy Barrick who has just lost their big mine in Papua New Guinea and who will be looking for a big mine to replace it. I would like to get a share of Barrick for each of my LOMLF shares. That would make Bonzo happy!