Post by
cyanide5 on Aug 06, 2020 2:35pm
Silver has been hitting new multi year highs
all this week.. gold has been strong as well...
HOWEVER all miners in my portfolio and i have a big basket of mid and juniors (mostly producers... a couple of explorers) and the SP's are drifting slightly lower...
one would expect 5-10% days up especially yesterday adn today when gold and silver have been up 1% and 3-5%... hmmm i wonder if these companies are selling rocks and not gold/silver...
either this a breather before another big leg up (tree shaking by professionals) or gold/silver might actually correct... I really hope that gold/silver consolidate around these prices for a couple of weeks... hopefully not any sharp moves higher or lower... that would be extremely healthy and in due time miners will play catch up...
I am not selling any of my FVI shares just yet.... holding on for a bit longer even to trim and take a bit of profits...
GLTA!
Comment by
Stratocheif on Aug 07, 2020 9:29am
Market is strange to me. I see the same thing. Im up to 36 different pm stocks now. One day almost all are down. Then next day they are all up. Its not retail traders because they cant be all in harmony like that. Its a total mystery to me.