-GDX- We may (finally) be getting the long-awaited bullish recognition day in miners. To strengthen this view, I’d like to see a stable close above $36.00.
-NEM- We are getting a robust move in Newmont above the March high as well as the intermediate trendline. By all measures, it looks like a bullish breakout.
With the gold cycle indicator at zero, the Premium Educational Portfolio has been buying miners aggressively. I believe it is well-positioned for the next advance in precious metals.