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Gold Prices Decline While Miners Point Much Lower
Gold, silver, and mining stocks declined yesterday, and the initial slide in the latter was truly profound. And that’s not the end of it. In fact, it seems quite likely that another huge move lower has just begun and that you managed to enter short positions right on the day of the reversal (visibly above $35). Yesterday’s decline means that your profits have already increased – congratulations! We closed 11 trades profitably, and now this trade in the GDXJ is already profitable, too. Truly exciting times! All right, what’s next? You already know the answer to this question (lower prices!), but still, let’s ... (full story)