Now that Gold's Bull is Charging, Where is the Easy Money?
Aug. 16, 2013 The Tsi Trader
This evening I was musing over a question posed by a reader about whether this or that mining stock looked to offer the biggest bang in the near term, as it appears the gold bull and its related mining stocks have declared war on being repressed another single day.
I decided to write a little computer program to help me get to some answers and this post will share with you today's assessment of 105 mining related issues in modest detail.
It didn't take me long to figure out which metric to use for my query. The path of least resistance, in the short run anyway, is for miners to achieve the price level of this past March 22nd. This was a high point followed by a huge gap lower and price should have no problem retracing that level as the bull charges ahead.
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