Saturday, 20 August 2011

Precious metal mining ETFs GDX and GDXJ poised for recovery

Miner underperformance
The underperformance of  precious metal miners relative to silver and gold bullion has become disgraceful. It has been the subject of many an article lately and illustrious mining investors have been pointing to this anomaly. 

Saturday, 6 August 2011

Stock picking matters

On the Gold Miner Pulse page a graph is shown where the performance disparity is illustrated among the gold and silver miners of the GMP database. Some lucky picks have been outperforming silver or gold by an impressive margin. Few laggards have lost considerably despite the gold and silver bull market; moreover a disappointing majority of 63 precious metal miners are in the red over nearly nine months.