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Monday, June 9, 2014

GDXJ versus GLD says junior miners may no longer suck


Here's another of them ratio charts:


If gold is about to collapse, why the heck is GDXJ being strong all of a sudden? from <-2SD upon the OpEx smackdown, GDXJ:GLD has moved back to >+2SD.

Does that make any sense if, say, gold is going to $1000?


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