-
Three Gold Miners To Buy On Dips
It’s been an ugly week for the major market averages, with the S&P 500 (SPY) continuing its violent decline from its Q1 highs. Prior to this week, the Gold Miners Index (GDX) was a sanctuary from the turbulence, but when the market heads past the 15% correction mark, few stocks are sheltered from the turbulence. While this has been painful for investors that chased miners in early Q2 near their highs, this is set up an excellent buying opportunity for patient investors. So let’s look at a few names in the GDX where the selling looks to be overdone: chart Over the past month, we’ve seen several gold miners ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From bnnbloomberg.ca|May 13, 2022Russian inflation jumped to the highest level since 2002 as international sanctions imposed over Vladimir Putin’s invasion of Ukraine pressured prices and disrupted supply chains. ...
-
From thearmchairtrader.com|May 13, 2022Platinum and palladium prices notched lower over the last few weeks – these are two of the very few commodities that didn’t sustain the price rises caused by the conflict in ...
-
From goldmoney.com|May 13, 2022The sell-off in gold and silver accelerated this week. Gold traded at $1822 in Europe this morning, down $61 from last Friday’s close, and silver at $20.80 was down $1.50. Comex ...
-
- Newer Stories
-
From think.ing.com|May 13, 2022Our team outline their forecasts for central banks, as policymakers continue to make changes in interest rates amid global inflation concerns. Federal Reserve: Our call: 50bp rate ...
-
From argusmedia.com|May 13, 2022The London Metal Exchange (LME) today proposed new reporting measures, covering all its physically deliverable metals, that it said will enhance the visibility of its ...
-
From fxdailyreport.com|May 13, 2022|1 commentchart Gold prices breakout and close below the daily SMA 200. The precious metal continues losing its value against the U.S dollar as the U.S dollar index maintains bullish ...
- Story Stats
- Posted: May 13, 2022 12:53pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 66
