‘Retail’ Says … I’m All In !

When you can buy gold bars at Costco, you know the top is, … or is nearly, … in (not advice, not a recommendation).

As a corollary, why wasn’t Costco selling gold back in 2001, when it was $271/oz.? Now, it’s all the rage.

With that, we’ll look at the miners; Juniors, GDXJ.

Junior Miners, GDXJ, Daily Close

Where have we seen this (price action) before?

Shown in the sidebar, already short via JDST, as JDST-25-12 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

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