Jan. 31 at 2:22 AM
$SILJ
Simply a wash out of leverage, margin calls, stop losses and fear selling.
Another move higher is coming.
I don’t think this precious metals run is over.
However, I will say, mining companies better produce solid earnings moving forward.
That’s what will propel them higher to further extension levels. If they don’t produce incredible earnings, then yes, they’re going to fall even further.
$B
Now for
$RIO and
$BHP
I definitely see much more upside ahead.
I still going to remain overweight miners.