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What Will It Take for Metals to Break Higher?
Gold and silver prices remain range bound and investors are frustrated. Precious metal mining shares have been drifting lower for years. The GDXJ, an index of junior mining companies, is at the lowest level seen since the depth of the COVID sell-off in early 2020. Bullion has outperformed the mining share indexes, but sentiment in the physical markets has still suffered. In order to get higher metal prices, the sector is going to need more love and less hate from investors. Let’s examine some of the events which could get prices moving – either higher, or lower. The first is the much-anticipated Fed pivot back ... (full story)