SPY/GDXJ Ratio
Weekly SPY/GDXJ ratio and the HUI index (miners). Food for thought…
Continue reading » Tag: GDXJ
Seasonality: Finally Entering The “Golden Period” in Gold and Miners
Gold miners have been in a 3-month long, gruesome correction. The good news is that a) This correction is very long in the tooth and b) Gold and Miners are just entering one of the strongest periods based on seasonality. A potential trigger could be...
Continue reading » Miners: Big Picture
There will always be short term noise so it’s good to take a step back and look at the big picture: … What’s all the fuzz about?…
Continue reading » Don’t Get Fooled by The Noise!
NOTHING has happened for Novo, LIO or majority of juniors, in terms of company specific reasons, that would warrant the big red candles today. It’s just sentiment/technicals tied to a declining gold price at work! Depending on the liquidity there could be one seller responsible...
Continue reading » Why I am Still Bullish on Gold Miners (Medium Term)
A lot of the “twitter traders” I follow seem to have been bearish gold and the miners for quite some time (even expecting a crash), and more are joining the choir every passing day. Personally I am still 100% allocated based on my charts because the...
Continue reading » Charts of The Day: Miners and Metals Ratios
Just a quick look at some charts GDXJ vs GLD (Weekly) … Miners are nearing a break out of a large wedge (Would be bullish miners relative to gold) GDXJ vs GLD (Daily) … GDXJ/GLD RSI trend line is...
Continue reading » Update on Miners (GDXJ)
A few days ago I posted the graph seen below and suggested that we were in for some pain in the mining space. So far it has been going according to plan, with both metals and miners nosediving since the start of the week. I...
Continue reading » Chart of the Day: GDXJ
First price chart trend line broken. MACD has broken first trend line. RSI has broken two trend lines. Hopefully this turns out like the scenario I described a few months ago: Blood bath phase breaking all technical supports exactly like before the huge Q1 rally...
Continue reading » Chart of The Day: GDXJ is Nearing a Big Break Out
There are many theories regarding what market that actually leads in a precious bull market. Some say the miners. If it is the junior miners (GDXJ), which is considered riskier than the metals as well as its big brother GDX, then we should be very...
Continue reading » Less then two hours until FOMC Meeting Minutes!
This can prove to be the catalyst that propels gold and silver higher, and hopefully lead to miners breaking their huge wedge formations to the upside! Judging by the graph below, we have all the right ingredients for a massive short squeeze rally...
Continue reading » 
