The Short Side Of Gold Miners: The Latest Dissemination

Since I previously reported on the Short Side of Gold Miners, the price of gold and mining stocks continued their downward fall. This report is part of a series that will track the volume and changes in the short interest of some of the largest and most actively traded gold miners in the world. They have been selected because the short interest in these companies is at or near its 52-week high and keeping track of this market sentiment may help identify a bottoming of these stocks’ large selloffs. To begin, the following two graphs of SPDR Gold Shares (GLD) and Market Vectors Gold Miners (GDX) collectively illustrate the fall of gold and the miners, respectively.


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>