GDX and GDXJ (gold miners and Junior Gold miners) were two others I expected to see a bounce from, both are off to a decent start today.
GDXJ is now up nearly 2% and GDX about 1.3%
Again, the underlying support for a move similar to GLD's
GDX is approaching some resistance.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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