Sep 28, 2021
I’m seeing a lot of sentiment indicators that are giving signals of a near bottom. The Gold Miners Bullish Percent Index has hit a new yearly low of 20, the lowest value since the plunge in March of 2020. The DSI for gold and silver hit 10 and 10 on September 16th and currently is at 13 for gold and 12 for silver. I’m ok with that suggesting we are near the low for the metals for now.
I wrote about Tombill (TBLL-V) first about three months ago. The company got caught up in the massive correction and has shed 50% of its value since then. Back then you could buy gold for $4-$8 an ounce so naturally today you can buy gold at $2-$4 an ounce.
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