What stands before us is one of the most interesting setups in gold and silver I have ever seen. Not only is sentiment by far the worst I have witnessed in the past several years, but positioning is also the most favorable according to the latest CFTC Commitment of Traders Report (COT). So we have … Read more
Everyone is talking about the bloodbath in the miners, but if you’ve stayed in the space this long, or are just waiting on the sidelines, this seems to be the time for a clear head and to be on the lookout for capitulation. While I don’t spend as much time on the markets these days, … Read more
The Case for Precious Metals Miners You don’t need me to tell you. Precious metals mining shares have been nothing short of a historic fiasco over the past couple of years. Specifically, gold is up 25% since the end of 2010, while the ETF of large cap miners, the GDX, is down 11%. That is … Read more