Miners Getting Ready to Launch

Gold has spent the last few weeks falling into an Investor Cycle Low (ICL), a pattern that repeats each year with regularity. There are multiple signs now that I am observing suggesting we are at a major turning point, none stronger than the recent performance of the gold mining stocks. Usually erratic and volatile, the gold miners, captured by the Gold Mining ETF GDX, has steadfastly refused to drop despite the recent -9% decline in the precious metal. This suggests accumulation and GDX should accelerate higher once a new gold IC has been confirmed. The Active Asset Allocator will take a position in what I expect will be a powerful move higher over the next 3-4 months.


Some gold miners have been rallying sharply this year despite the falling gold price. Following their collapse since 2011, many are on sale today and saying that the sector is unloved is a major understatement. I thing GDX could be a double over the next year or two.

At Secure Investments, I advise individual clients on their pension and non-pension fund investment portfolios. To learn more about my Active Asset Allocator and Gold Trader  investment strategies, please get in touch at brian@secureinvestments.ie or 086 821 5911. If you are reading this via LinkedIn, why not visit Secure Investments and subscribe to get exclusive content for free. No spam, ever. Just great stuff.


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