A September Investors Hope to Forget – Ep 845
The Peter Schiff Show Podcast
00:00
Mining Stocks - A Great Week in the Stock Market
The gold stocks really were stronger than the metal itself, especially on the month because gold was down 2.9%. That's typically the type of divergence that marks the bottom. The GDX is still down 42% from its 52 week high. Now I think there's a good chance that both of these indexes will be up better than 20% off those lows by next week. But this bull market in these mining stocks has a long, long way to go as we are barely getting started.
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