Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Silver Prices
Silver Price
[Most Recent Quotes from] Our RSS Feed

Silver Updates by Mail

Enter your email address:

Follow Us on Twitter
« SQAURESPACE Comments Facility Still Not Available | Main | Gold Bugs Index (HUI) Drops through 100 »

What drives the Mines - Commodities or the Market


This chart shows the gap that has opened up between gold and the Gold Bugs Index (HUI)

It begs the question; Are the precious metals miners following their underlying commodities or are they following the stock market in general? When there is a sell-off in the markets investors are looking to raise cash and if the mining stocks are well bid they will be sold off regardless of what gold and silver are doing.

Mine management, ounces in the ground, Exploration, Geo-political threats, infrastructure, Central Bankers, inflation/deflation, currency fluctuations, regulations, permits, environmental considerations and many more factors go into the investment decision making process.

The point being that just because gold goes up don't expect the mining sector to automatically follow suit.


Sleep tight. 


Stock Trader currently has the lions share of its funds in USD in readiness for a U-turn in the precious metals sector.

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.



Winners of the GoldDrivers Stock Picking Competition 2007 










PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>