I expect a big move in the sector sometime between now and Halloween. Also, keep in mind that the effort to prevent gold and silver from moving higher has been particularly aggressive since..
But that anomalous market event is already reversing, with the dollar rolling over and gold recovering on resuming buying from both gold-futures speculators and investors.
It appears that junior mining stocks are poised to decouple from the US stock market, anchor to gold, blast up from an immense H&S bottom pattern… and stage the biggest rally in the history of junior mining!
Chinese lockdowns and a failing stock market there have gold buyers in a lacklustre mood. Some miners are trading where they were when gold was $500-$600/oz and that’s obviously disappointing...
