AVI calls a possible bottom in the metals complex
I am a member at EWT and the overall feeling is that the metals complex has bottomed as has GDX for now. AVI has posted the following at SA so this is not a secret.
I am considering topping up SILJ and have already put some funds into GOEX last week. Will also top up Marathon gold and buy back into Guyana goldfields and maybe Atlantic gold. Just my view and could prove to be risky, but we will have to wait and see. I am sure we will see some more pullbacks, but hopefully much less than the last year.
https://seekingalpha.com/article/4083711-sentiment-speaks-never-fails?app=1&uprof=45&isDirectRoadblock=false