miners

discussion
Jim H
By Jim H on Mon, Mar 4, 2013 - 5:47pm

PM Miners: Of Blood in the Streets, and Catching Falling Knives

Every time I think we are at the stage of a final, cathartic puke on the mining stocks.. they take another 5% down day.  Today is another of those 5% (average) down days... and you just have to wonder when the world wakes up to the fact that these companies own Gold and Silver in the ground, and that this is where the puck is going (real money, real stuff, vs paper).  

GDXJ, junior miners ETF, is at a 52 week low, down 3.8% right now

GDX, major miners ETF, is at a 52 week low, down 3.0 %