- The miners finally got out of their funk about mid July and now have dropped back some. This week probably will mark a dramatic upswing. Gold had a dramatic upswing in Aug. and is ready to move up again. Watch GDX and GDXJ this week – This AM they are down, I’ll be buying into their weakness this week. I recommend you look at Bill Cara’s blog for a technicians view of gold and the GDX picks.
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