• Read more

The mining stocks declined in their usual way yesterday, but there's little else that they could do in light of a big slide on the general stock market. However, gold and silver moved higher, and the shape of yesterday's session might appear as a reversal to some. Did we really see one? There's one reliable factor that can help us determine it.

• Read more

Taking on the biggest short position ever based on the Jan 26th session certainly proved to be a good and profitable idea, especially in the case of silver and mining stocks. However, it doesn’t mean that the precious metals sector is going to decline indefinitely – there will be a major bottom and even before it is seen, there will be corrective upswings along the way. Some of them will be very tradable opportunities to increase the profits. Where’s the best nearby opportunity to switch from short to long positions?

• Read more

The price of no asset can move up or down in a straight line, so why should mining stocks be any different? They have been declining relentlessly for almost 2 weeks, erasing more than 10% of their value. Sharp? Definitely. Unsustainable? Perhaps. When will the turnaround take place?

• Read more

The general stock market stole the spotlight yesterday as it declined most profoundly in years. Some investors have likely expected the precious metals market to soar in such a scenario, but you knew that this was not the likely course of action. Indeed, gold’s reaction was barely visible. Metals moved a bit higher, but mining stocks ended the session lower. So why did gold move higher at all? Actually, there might have been an entirely different reason for gold and silver to move higher, other than the decline in the stock market. Just because something or someone is in the spotlight doesn’t make it or them important or relevant. Was the decline in the stock market as important for gold as Kim Kardashian’s new photo shoot?

• Read more