I’m just tossing out ideas. For my fellow money engineers to chew on. Another idea here is the constant beating share investors get, and many might be gun shy, and staying on the side until things clarify for them. Re the gold bottom on may 10th?
These miners out performed gold since may 10th. Gold spot up 5% but IAG+ 25% GFI+ 21% KGC+ 18% BTG+ 17% RGLD+ 16% OR+ 16%. There are others. The market like the market caps between $1 billion and $5 billion.
The smaller caps are the losers so far, the ones under $500 million. High risk high return. No place for big investments. Long shots, are out performers later on until momentum picks up. Then every dog out there takes off.