Jordan Roy-Byrne is quite optimistic about miner’s stocks performance for the coming year. The GDXJ and other indicators are pointing positive even in the face of stagnant gold and silver prices. The silver miners are doing even better. And it appears that while prices could go lower, they’re in trading that could see major advances end of Q4 to middle of Q1. While the past is not always prologued, the track record for this rally is close to 80 percent. That could be a profitable bet worth taking.
Gold Stocks Diverging from Metal Prices
The GDXJ and other indicators are pointing positive even in the face of stagnant gold and silver prices. The silver miners are doing even better.
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