Getting long junior miners
I am seeing major divergence between the price of the physical metal price and the share price of the junior miners themselves. This is a great opportunity for the coming weeks. The fundamentals are strong - and with some profit taking in large equities coming up, the juniors could stand to receive some of those inflows.
Here’s the divergence - which makes junior miners a low risk, high reward swing trade right now.
That chart is of the past six weeks. See the huge divergence between the spot price of metals and the miners themselves. So...long JNUG again!