Gold Miners Bullish This SpringThe Miners are getting pulled up by the Precious Metals in their Bear Market rallies. So the Gold Miners should out perform due to leverage on their balance sheets.
The price action is definitely corrective in nature, and the pull backs should be shallow because this is a small degree c-wave. So I'm expecting a top above the (a) wave over a year ago some time this Spring.
For a good video exploring whether to invest in mining stocks or the precious metals themselves, Mike Maloney has a well done video on the subject:
www.youtube.com
In fact I recommend spending time watching all of Mike Maloney’s videos on the PM’s and money. They are all well worth the time…