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2/4/12

Five days of metals and miners: Feb 4th

Our regular Saturday morning slot, as we look back on 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).


And just look at those base metals go! By far the best performance on the week, with positive economic activity forecasts (led by USA) trumping the monetary movements during the week. Or put another way, Dr. Copper liked the US unemployment number as much as Mr. Obama did.

Away from the industrials, juniors did next best with a modest 1% win. The rest had a flat time of it.