Tuesday, July 18, 2017

Buying two gold and silver miners for a trade

Yesterday I bought shares in Great Panther Resources (GPR.T) and Klondex Mines. I think gold and the gold shares have put in a bottom.

I do not see these stocks as investments. As always these stocks are like burining matches and should never be buy and hold vehicles. The setup is looking good for mining shares so the probabilities appear to be in my favor. I base this on the Commitment of Traders report.

From Clive Maund's recent commentary:

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