HL hits and exceeds target in the 8s I have traded the gold stock rally as I’ve felt I needed to. Signaling entry into this then-‘bounce only’ trade was Franco, which would lead them, on the bombed out lows. I’ve since sold FNV as I have some others. I’ve also added others and held others still while evaluating the rally. For the longest time I … Continue reading What the HL is going on here?
Metals & Mining SPDR vs. Gold Mining XME includes base and precious metals miners and also service centers and other related businesses. It’s a broad view of mining with a bias toward steel last time I checked (last year sometime). What more proof do you need of the gold miners’ relative counter-cyclicality than the XME/GDX ratio? When inflationary operations by Central Banks and governments start … Continue reading General Mining vs. Gold Mining
The key now is to not let the lunatics take over the asylum. One lunatic version is on the way out and the Democrats have (IMO) all manner of crazy behind that door waiting to bust through. We need an adult in the room and I hope that will be grandpa Joe. Found in my Fidelity news feed while evaluating a Lithium miner, this wink … Continue reading Biden Campaign to EV Metals Miners…
