The Gold Report: The Market Vectors Junior Gold Miners ETF (GDXJ) hit a low on May 16, and some pundits and speakers at the Cambridge World Resource Investment Conference earlier this month said they felt we’d hit the bottom. You are dubious, though. In your June 10 Exploration Insights, you wrote:
China continues to slow, Korea and Japan even more so. India looks to be hitting a wall, and Europe is in a slow-motion disaster. The copper price is declining as are iron ore and base metals in the world that, overall, seems to be deleveraging, with consumption declining. More succinctly, as my … [visit site to read more]