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.