Five days of metals and miners: Jan 28th

Here we are again, Saturday morning and the chart that visualizes what's been going on in metal world in the simplest way I can think of right now. 

• We got GLD, the gold bullion ETF.
• We got SLV, the silver bullion ETF
• We got GDX, the miner's ETF
• We got GDXJ, the junior's ETF.
• We got COPX, the copper ETF

And last week was the metals market participant's very own little slice of paradise, as we get to use that phrase of music to one's ears, "The miners beat the metals" we both GDX and GDXJ posting very strong gains around the 8% mark. Not that the metals did badly, with just under 6% up for silver and 4% for gold. The laggard of the bunch was COPX, hinting that base metals underperformed and missed out on most of the fun. FWIW that tallies with The IKN Weekly Copper Basket this week, subbers, where more went down than went up (yeah, surprised me, too).