Gold Miners’ Real (Downside) Potential

From goldpriceforecast.com

Our short position in gold remains profitable despite the lack of action on the markets. But that’s just peanuts compared to what’s to come. As not much is happening on the markets, I’ll provide you with a quick update, and then I’ll do the following: 1. Discuss the reversal in stocks. 2. Provide context for the current outlook for mining stocks. Let’s start with gold. Gold is down after another attempt to move higher – the latter failed, and the outlook remains bearish. The profits on the short position in gold just increased. Please note that the current back-and-forth trading is somewhat similar to ... (full story)