Speculators Pounce on Gold Miners
JC Parets
All Star Charts
6 months ago
1 MIN READ
From the Desk of Ian Culley @IanCulley
New all-time highs have a funny way of shifting perspectives.
Not too long ago, many considered gold a “dumpster fire,” a “hot mess,” or an “opportunity cost.”
All were fair assessments.
Everything changed last month when gold rocketed to its highest recorded level.
Yet, for some reason, investors weren’t buying into its strength.
But a 12% gain over the past five weeks has quickly turned reluctant investors into ravenous speculators.
Premium Members can log in to access our Weekly Precious Metals Report. Please log in or start your risk-free 30-day trial today.
The post Speculators Pounce on Gold Miners appeared first on All Star Charts.
