Commodity Trade Mantra

Posts Tagged ‘Silver And Gold Miners’

Silver And Gold Stocks Dangerously Close to Breakdown

The implications of continued poor performance from Silver and the gold miners could be two fold. First, they could be hinting of Gold’s strong potential to decline to major support around $970/oz. Second, and with respect to the mining companies, their poor performance coupled with lower metals prices increases the risk of some major bankruptcies in the sector.

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