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Premium Update
November 16, 2012, 8:21 AMAll eyes are on the gold & silver mining stocks this week (they declined sharply and people are afraid). This topic is thoroughly discussed in todays update. We analyze the HUI Index, GDX ETF, and the miners to gold ratio. We supplement the analysis by discussing the Gold Miners Bullish Percent Index and the Global X Silver Miners - proxy for silver stocks.
This week we sent out 3 Market Alerts and today's Premium Update provides you with details and thought process behind them. We also comment on 2 signals that were flashed by our indicators in the past 2 days.
We provide you with price targets for gold and silver and in case of the latter also the long-term price projections, which you may find useful to prepare yourself for the coming year.
This is an important point in time for those who follow our analysis as we adjusted our long-term holdings (as you may know, long-term holdings is not something that we adjust often) - today's Premium Update includes our comments on that matter.
Today's Premium Update is also one of the biggest that we have ever created, mainly because of detailed answers to multiple questions from our subscribers.
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