but GDX again had a closing tick of 11 million shares and GDXJ of 2.3 million shares. Absolutely massive volume on the day. I think if gold and silver hold up while the SM tanks we could be close to the end of the flush in the shares.
I’m always wrong and my retirement is headed toward zero because of the shares but we just might be close to a bottom regardless of what Hulbert says. Two weeks ago he said last time sentiment was so bad gold rallied $200.
We’ll see. Silver may be the key.