Value Microcaps Junior Miners

[silver100]

Pretty darn good article below arguing for a major bottom in the miners here. For the first time ever, I bought an ETF, NUGT earlier this week after viewing current market conditions as just too darn ridiculous. Its a highly volatile 3xminers ETF that ignores the fundamental news of individual companies (which hasn't seemed to matter lately). Once the market starts listening again, I'll probably switch out to those individual names that deserve it.


Gold-Stock Capitulation

http://news.goldseek.com/Zealllc/1337356833.php

By: Adam Hamilton

Gold stocks have been pummeled mercilessly this month, their price action looking almost apocalyptic. The psychological stress spawned by such extreme weakness is intense, breaking the wills of this sector’s few remaining bulls. This week their selling cascaded into a full-blown capitulation, a mass surrender by weary investors. While exceedingly miserable, these events flag major long-term bottoms.