With graphs last updated on Mar 13, 2019
The focus of this blog page is on the gold and silver miners from a tactical point of view: how do PM miners perform relative to the price of gold or silver.
I like to 'isolate' this version from the thread of weekly updated blog pages. The abrupt reversion of the gold bull trend and the implosion of all 'white precious metals' indeed is a sudden discontinuity deserving its place in history.
Whereas on Friday, stock markets enjoyed a bear market rally after the corona virus frenzy caused a worldwide slide, precious metals continued their downward spiral. Miners were slaughtered. Not only they had been retreating with common stocks while precious metals upheld or even advanced, now miners again leverage down the precious metals decline. From 52 weeks high to fresh 52 weeks low in little over a fortnight.
I like to 'isolate' this version from the thread of weekly updated blog pages. The abrupt reversion of the gold bull trend and the implosion of all 'white precious metals' indeed is a sudden discontinuity deserving its place in history.
Whereas on Friday, stock markets enjoyed a bear market rally after the corona virus frenzy caused a worldwide slide, precious metals continued their downward spiral. Miners were slaughtered. Not only they had been retreating with common stocks while precious metals upheld or even advanced, now miners again leverage down the precious metals decline. From 52 weeks high to fresh 52 weeks low in little over a fortnight.
