The long-suffering precious metals bulls have got it even worse now. Even the descending trendline for the metals miners has been broken.
Miners Get Wrecked
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Melting Metals
In a sea of green, a couple of recent short ideas actually are managing to buck the tide. I’m not sure what it is about metals that is so unappealing these days, but Alcoa and Freeport and, indeed, slip-sliding away.
Miners Reverse Hard
In yesterday’s post, I did a very tiny victory lap based on the pop in GDX and GDXJ, but as I mentioned both in the post and on yesterday’s tastylive show, I didn’t think it would last. Both opened strong this morning, but bang, that was it.
Miners – Told Ya!
That’s some good chartin’ there…….although personally I’d exit if we got to either of those gaps.
