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przemyslaw-radomski

Major Reversal? Miners Disagree.

April 13, 2018, 7:36 AM Przemysław Radomski , CFA

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In the last few alerts, we thoroughly discussed the situation in the precious metals market, explaining the likelihood of seeing reversals, and pointing to confirmations of such reversals, once they have indeed taken place. But, one of the factors that confirmed the bearish picture was the weakness in mining stocks. The latter just refused to close below Tuesday's closing price, even though gold and silver did. Is this strength telling us something? You'll find details in today's Alert.

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