News Focus
News Focus
Followers 563
Posts 17628
Boards Moderated 42
Alias Born 10/21/2003

Re: None

Wednesday, 10/16/2019 10:27:55 AM

Wednesday, October 16, 2019 10:27:55 AM

Post# of 36181
Earnings

Mining rally has stalled and sagged a bit. Reflex reactions to trade deal or not have captured investor attention. Ongoing money printing and deficit spending don't matter to most investors.

One thought I read today is that miners could get a boost from Q3 financial reports due out in the next few weeks. Producers should produce some nice upside surprises due to the $200 pop in gold prices. Silver prices also moved up 2 to $3/oz and should provide good news. If the seniors and mid tier producers can get the market excited with actual results and investors extrapolate current prices, we should get some lift to the mining sector. We'll find out in the next few weeks.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today