GREY:DRGDF - Post by User
Comment by
Weebleon May 10, 2017 7:41pm
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Post# 26228870
RE:Why is sp holding on?
RE:Why is sp holding on?It isn't alone. There was a big reversal in the gold stocks last Friday. So far, it has been a good week.
https://stockcharts.com/h-sc/ui?s=gdx
It really shows up when you look at GDX versus gold.
https://stockcharts.com/h-sc/ui?s=gdx:$gold
There was a very good interview on Financial Sense last weekend with Kathy Derbes about the gold market. She says the wholesale market is buying gold while the retail markets are almost dead. Go to the 39 minute mark.
https://www.financialsensenewshour.com/broadcast/fsn2017-0506-1.mp3