Haystack 2018-19

English language haystack
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Gwyde
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Sensing the valley behind the hill...

Post by Gwyde » 21 May 2019, 13:22

The Jan 26 post: Miners will continue to disappoint was more ominous than ever. With the benefit of hindsight, HUI/Gold improved further till March, while the yellow metal set its 2019 top by mid Feb. The plunge of gold miners has however been precipitous as illustrated in the weekly update of the Gold Miner Pulse page. It is yet uncertain whether last week's 'pause in the downtrend' will turn out to be a bottoming process.


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Gwyde
Silver Member
Posts: 491
Joined: 19 Oct 2011, 23:49
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Re: Sensing the valley behind the hill...

Post by Gwyde » 29 May 2019, 15:12

Gwyde wrote:
21 May 2019, 13:22
The Jan 26 post: Miners will continue to disappoint was more ominous than ever. With the benefit of hindsight, HUI/Gold improved further till March, while the yellow metal set its 2019 top by mid Feb. The plunge of gold miners has however been precipitous as illustrated in the weekly update of the Gold Miner Pulse page. It is yet uncertain whether last week's 'pause in the downtrend' will turn out to be a bottoming process.
There largely was enough new material for a fresh blog post along these lines: Miners disappointing

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