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Gold/Mining/Energy : McEwen Mining
MUX 0.983+4.6%Jan 19 4:00 PM EST

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From: Robov12/21/2015 8:09:49 PM
2 Recommendations

Recommended By
JW@KSC
zamboz

   of 23648
 
Today was only the 2nd time MUX has managed a close above $1.00 since May 22, 2015. When MUX fell blow that level on 5/22/15 gold closed the day at $1206. The 3 days it managed to close above that level 10/14 - 10/16 of 2015 gold topped out at $1189. Today gold closed at $1077. So that being the case where will MUX be the next time makes it back to $1206 or $1189. I think it is clear the miners have and are bottomed vs POG and that we could be in for some nice % gains into January just like last year. Where we go long term though is still debatable.

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