In the chart below I highlighted that the Junior gold stock etf (GDXJ) had broken out to the upside (see post here) above resistance, which should be a good sign for those owing GDXJ and GDX. Shared that a bullish ascending triangle was in place for GDX, which should be a quality sign, especially on [...]
On 6/29, in the chart below , I shared (see post) … “All I wanted for Christmas was some inflation!” Why inflation? At the time, DBC (commodities ETF) along with interest rates were falling and the media was alive with DEFLATION forecasts. Deflation represents falling prices and the potential the economy was getting worse. Not a pretty scenario [...]
Several months ago a new ETF for gold stocks came out, which leaned towards smaller/junior mining companies. Below is a chart, comparing the more established GDX (larger companies) to GDXJ (junior miners). As you can see a nice breakout in GDXJ as taken place. Is the upside break in the Junior gold stocks going to [...]
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