OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Buygold, Agree With Mr. Copper, The Volume In PM Stocks Just Aint There

Posted by Farmboy @ 16:26 on May 16, 2017  

GDX for example traded 31 million shares today against a 22 DMA of 61 Million. Ditto for many of the PM miners, half, or at best 2/3 volume today. One of the things holding all PM related back is the lack of interest also read lack of volume. Until then, the rocket is sitting there burning fuel, waiting for lift off.

Agree with Mr. Copper, lot of folks chasing the regular markets as they continue to rise. Also placing part of the blame on the ETF’s that are sucking air away from the PM stocks.

Still, we ended in the Green today. Beats the alternative. 🙂 But you are right, with the dollar down it should have been MUCH better.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.