What a difference a month makes. In my last article covering the ETFMG Prime Junior Silver ETF (SILJ), I mentioned that “silver looks weak and landmines are everywhere.” At the end of May, the spot price of silver was trading below $14.50/oz and many silver mining stocks were looking listless as ever, putting in continue reading at Seeking Alpha…
What a week for gold! Surprisingly (or not), the yellow metal has been on a tear as we enter into the heart heat of the summer months, and things certainly got a whole lot more interesting shortly after the most recent Fed FOMC meeting took place.
At the close of this week, the spot price of gold is now trading
Being a contrarian isn’t easy at all… but these are the moment’s that you hope and pray for…
Gold just broke through $1,400/oz… FINALLY!!!
Hold above that level, and it’s game on…
BRIM NATION let’s go!!!
Yup, we are certainly getting there with the spot price of gold currently trading at $1,390/oz… The first “real” test? $1,400/oz of course. Now, will gold be able to get there and take it out in one
Gold is getting awfully close to knocking on the door of $1,400/oz. Today, after the Fed FOMC meeting, gold started it’s next leg up breaking through heavy resistance around ~$1,350/oz range… Surprisingly (or not), the yellow metal managed to rise up and above $1,380/oz (briefly), but has since lost some steam and is cooling off a bit…
We’ll see what tomorrow brings, but like I’ve been saying, anytime
Things are heating up in the precious metals space, so I think it’s time to get to work on the next Thank You Newsletter. Recently, I’ve had a lot to say about mining stocks, and for readers who want to keep up with my