Information that is both timely and valid is a cornerstone to success in profitable investing. We have identified the correct “signal” for copper. Now, all we have to do is be patient and wait for it to confirm that copper, like gold stocks, is on its way to test old highs.
The Baltic Dry Index (BDI) is used to forecast the likelihood of future economic activity because it tracks the movement of bulk commodities by measuring the changes in shipping costs. So what is the BDI chart telling us now?
Evrim Resources Corp., EVM.V, a prospect generator, shows it can “bounce back” from a market set-back. Here’s a look at the chart for Evrim Resources.
We made a good call on the S&P TSX Global Gold Index recently. Now we’re seeing a similar pattern emerge in the GDXJ, a junior gold miners ETF. Here’s our chart analysis and what to expect.