Oh boy, did I speak way too soon with my last post! I mentioned that I thought precious metals mining stocks were “consolidating”. Hah! More like, they are getting the snot beat out of them! Yeah, I think that would be a more accurate description of what has been going on as of late with many of these companies, in spite of the fact that the spot price of gold has actually been holding up quite nicely.
Anyway, that’s just the way the [continue reading…]