A brief video update of the GDX daily chart. Apparently some pleasantly disinflationary news (wholesale prices) is driving gold and silver this morning. Hmmm, right at a very key technical level for the miners. Funny how that works.
Of note, this chart shows that GDX ticked below the December low and recovered. The chart does not include dividends. FWIW, a chart including dividends would show an in-day hold above that level yesterday.
Anyway, here’s a brief video update.
