Is this CHART signalling a blastoff coming for mining shares? I believe so.
cryptocurrency·@yankee-statman·
0.000 HBDIs this CHART signalling a blastoff coming for mining shares? I believe so.
Welcome Steemian friends. Not only are we seeing right here the last great opportunity to load up on silver and gold, (more so silver) but the mining shares are most promising. These overlooked, out of favor items are at a point when you want to grab them. Sentiment in the entire sector is bullish (basically meaning very negative, at bottom levels). Insiders are accumulating, and the commercials are coverring short positions in numbers not seen in years. All this while the speculators (always wrong) are short. What a setup.  chart: KWN.com. The above chart shows the huge divirgence in the HUI (stock index) vs. physical gold. This has always (at this extreme) signalled BUT stocks and physical. Other factors I have written of is the situation with China and trade and where our dollar is headed...(much lower ultimately). And soon you will see China enacting commodity (gold) backed currency. Very, very bullish for the metal sector. Could this be your last great chance to take advantage of weakness? I think so. Thanks for visiting..UPVOTE and have a great weekend!