Solid Accumulation
I am seeing quiet but solid accumulation in almost all of the mining stocks that I follow. Not only are the three that I posted about last Tues. up from those levels, but the Terrific Ten and many others are showing signs of strength. HL has earnings out Thurs. morning before the open. The stock currently at 6.65 should see 7.75 and in time 8.75. Sprott, which I said was my conservative play is up to 37.19 with my first target 41.50 and significantly higher eventually.
and I’m on solid sell short setups/watches/alerts for GDX & J, GLD, SIL & J, FSG, etc.
Also, setups are also to short VOL etfs and short inverse Tek.
These are all intermediate term, for triggers this week or next and likely playing out for most of Aug.
In line with my previous remarks (and MA’s) about “c” potential for August for the PM sector.
Ie, the beat goes on.