I promised you some charts of our favorite miners so here you go. All are one year charts.
I present them below without any commentary other than the notes I've written on each sheet. Two general things to notice:
1) With the exception of GRS, the gold miners have almost identical chart patterns. Gold is now beginning to break out of its 100-day, 100-point trading range. Will the gold miners soon follow suit?
2) Even though silver has been rolling, the silver miners all finally took off just this week. I would expect all of them to pull back some, perhaps all the way to their breakout points. If you expect silver to continue to head higher, this dip would be an excellent buying opportunity.
First up, here's the HUI:
And now, here are the four main gold mining stocks we've been following:
And here are our three primary silver miners:
And here are two new additions to the "watch list":
If you're looking for more information, I suggest you read this:
And of course, when making investment decisions, make your own decisions after doing your own homework. Never, ever trade simply on the recommendation of some idiot on the internet...especially one named "Turd".
More later or early tomorrow. TF