Korelin Economics Report

A look at the GLD and GDX charts

Another slow day in the markets but this will not last the whole month. I outline some historic money flows that continue to look globally and the largest outflow of cash from mining stock ETFs ever! Taking this all into context I look at the GLD and GDX charts which will see some bigger moves in the next couple weeks. With no direction from the charts feel free to share your thoughts on which direction it will break.

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