It seems like gold and silver miners aren’t rising entirely in concert with the futures price of the metals. What do you attribute this to? Do you think they will catch up?
Mining shares are stocks and the hedge funds and vast majority of investors still believe that the stock market is the place to be and the current pull back is just another dip to be bought. Until the stock market falls hard enough to cause vast sums of capital to look for alternatives, the mining sector is well out of the spotlight. That will change. Gold above $2,500 for any length of time and silver above $30 will be enough to light the fire beneath the mining sector. Not only will the mining shares catch up, they will be the leader, once the move into the shares commences. It is always that way.
News 
Market Data 
Discover 
AI
