PGO 5.62% 8.4¢ pacgold limited

Of recent times its clear that most miners are been smashed down...

  1. 7 Posts.
    Of recent times its clear that most miners are been smashed down hard & for no apparent reason?
    well im here to tell you i think i know what the reason is for such fluctuation in gold share prices.
    It really has to do with the GDXJ index. they are currently rebalncing the index as its way over balanced & because of this, no one really has a clear idea of the values as its not balanced yet.. mid to late june the balance will be complete.
    in the mean time, this could be the last great buying opportunity for the next bull run in gold.

    The other thing i would say is, cost averaging & buying these dips is the best strategy in my view.

    be cool!

    read this: http://www.zerohedge.com/news/2017-06-02/gdxjs-epic-rebalance-its-kinfe-catching-time

    GTX Gamer!
 
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