7/28/12

Five days of metals and miners; July 28th

The regular Saturday slot: The last five days' worth of action in the gold bullion ETF (GLD), the silver bullion  ETF (SLV), the miner ETF (GDX), the junior miner ETF (GDXJ) and the copper ETF (COPX).


Let's not try to parse things too far and keep to the basic fact that it was a very good week for the complex.  The juniors screamed higher, the whole caboodle backstopped by the rise in gold. Above all, what we saw was rebounds of really beaten up stocks.