Seeking Alpha

Jonathan Cho's  Instablog

Jonathan Cho
Send Message
Independent trader currently seeking work as an analyst or trader with a hedge fund.
  • Precious Metals Have Long-Term Bottomed 0 comments
    Jan 28, 2014 1:05 AM | about stocks: GLD, SLV

    I think precious metals (GLD, SLV, GDX, GDXJ, SIL) have bottomed. Precious metals mining stock indices have all hit major long-term, multi-year support at the same time, while US equities appear to be topping out, and other commodities and Asian equities seem to be bottoming.

    Daily Gold Chart

    (click to enlarge)

    HUI Gold Miners Index

    (click to enlarge)

    XAU Gold Miners Index

    (click to enlarge)

    GDX Gold Miners ETF

    (click to enlarge)

Back To Jonathan Cho's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.