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« Rick Rule: “I Sleep Better at Night Owning Physical Precious Metals” | Main | BIG NEWS: Gold & Silver Now Treated As Money In Arizona! »
Wednesday
May312017

An Extreme Is Developing That Impacts The Gold Sector

A very interesting extreme is developing in the currency markets that impacts the gold sector…

 

As Investors Panic Out Of Canadian Mining Stocks

If you look at the chart above, it shows an all-time record panic out of the GDX Gold Mining Index.  This is on top of the commercials taking an all-time long position in the Canadian dollar.  If you are a contrarian who likes to make money going against the panicking herd, now is the time to be buying high-quality Canadian mining companies, especially if you happen to be exchanging a foreign currency for Canadian dollars as you invest on those high-quality companies.

Read more...

 gold is trying to move higher, but the stocks are struggling to hold their ground.

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

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