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Re: Implanting post# 4370

Tuesday, 01/31/2017 6:56:52 PM

Tuesday, January 31, 2017 6:56:52 PM

Post# of 19559
Patience my friends. Many of the miners are trading sideways for the past few weeks. I think people are not investing in the small caps till they make sure that the bottom is in for gold. Once we start moving up again to past $1220-30 gold things will start heating up here again IMO. More churning until then - but on the upside we are building a really strong technical base here.

A few days ago I heard a guy on Kitco talking about how he expected one more brief downturn for gold soon. I think those brutal multi-billion dollar waterfall sales this fall has everyone a little nervous to move totally back into the sector. There is still alot of bearish sentiment right now.
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