The comments in the video below are from TheStreet.com. The commentators highlight an important point and event as it pertains to a gold bottom- that the miners outperform the metal.
That said, the rally in the major miners and the metals (at least in the ETFs) seems to be on low volume levels, which makes me wonder the veracity of the rally. This is despite the strong rally, with volume support mind you, in the junior miners. As of the moment, I remain with my apprehensive bullish posture at the moment with the caveat that I remain to check my gold stock timing models since getting back to work.
That said, the rally in the major miners and the metals (at least in the ETFs) seems to be on low volume levels, which makes me wonder the veracity of the rally. This is despite the strong rally, with volume support mind you, in the junior miners. As of the moment, I remain with my apprehensive bullish posture at the moment with the caveat that I remain to check my gold stock timing models since getting back to work.
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