As I wrote on August 24th regarding junior miners, “…as I look at the miners, I’m seeing signs of life. If you believe the breakout is meaningful and want to amp up your commitment, a good way to do it would by via the triple-bullish ETF symbol below, which itself has had a clean breakout from a rather long downtrend.”
Well, it didn’t take long for this to blossom, as gold has broken out smartly.
Followed, naturally by miners…
…and the juniors themselves.
I remain cheerfully long the miners, having augmented my position this morning.
