Featured

A Potentially Historic Breakout in Gold Mining Stocks

In February, we wrote about the impending breakout in gold mining stocks and how it might compare to the history of breakouts in gold mining stocks.  GDX closed last week at a fresh 7-year high and in both daily, and weekly terms closed +9% above the previous high.  It now has a measured upside target … Continue reading “A Potentially Historic Breakout in Gold Mining Stocks”

A Potentially Historic Breakout in Gold Mining Stocks Read More »

Interview: GDX Breakout in Nominal & Real Terms

With Gold moving higher and GDX breaking out it is important to consider what US markets are doing as well. The gold stocks and US markets are still positively correlated but the gold stocks are far outperforming recently. Jordan Roy-Byrne joins me to share his thoughts on the charts for gold and gold stocks as … Continue reading “Interview: GDX Breakout in Nominal & Real Terms”

Interview: GDX Breakout in Nominal & Real Terms Read More »

Gold & Gold Stocks Reach Multi-Year Resistance

The precious metals sector has reached an interesting juncture. After a rip-roaring recovery, Gold and the largest and most important gold mining stocks ETF, GDX have hit multi-year resistance.  Gold was able to surpass its pre-Corona peak at $1700 and trade as high as $1789 before selling off. From 2011 to 2012, Gold peaked three … Continue reading “Gold & Gold Stocks Reach Multi-Year Resistance”

Gold & Gold Stocks Reach Multi-Year Resistance Read More »