RE:AXU down
Silver miners have been lagging of late; they always tend to follow. But they also run longer in cycle too - while GDX topped out in April, silver's peaked (last cycle) on June 1.
means we still have quite a bit of catching up, and many weeks of strenght. Best thiing to do is sit.
AXU also closed financing today so whatever flippers will have to go before next leg up. Market Cap here still very, very cheap.