Jordan Roy-Byrne is quite optimistic about miner's stocks performance for the coming year. The GDXJ and other indicators are pointing positive even in the face of stagnant gold and silver prices. The silver miners are doing even better. And it appears that while prices could go lower, they're in a trading that could see major advances end of Q4 to middle of Q1. While past is not always prologue, the track record for this rally is close to 80 percent. That could be a profitable bet worth taking.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.