Did anyone else buy the open with leverage?
The miners are still mining. Most are increasing production. Their margins, free cash flow is the best in years.
The miners are still mining. Most are increasing production. Their margins, free cash flow is the best in years.
Nothing wrong with leverage if you take it off at the price you added it if it goes against you…
decent bounce here, but they are hovering in the lower part of the BB now, have not crashed through the bottom of the bolinger bands…That’s a typical buying point for me. Hard to go all in with the H&S on the HUI and GDX so blatantly in front of us here. TPTB would love to take us gold and silver freaks to the back woods ALA Deliverance one more time IMO!
I’m not comfortable holding over the weekend.