Founders: The Drums Pound Even Louder for Alpha

Founders AM | Institutional Insights

Housekeeping: Good Morning. We will write this up and share this in non-pdf form later in the week with Premium

Notable:

Perhaps because of the new BOA miners report, RBC has responded with its own more thorough workup responding to requests on which miners do best when Silver and Gold go up. This tells us unequivocally, Miners are becoming in play… not top down from salespeople, but bottom up from big funds and investors. The grass roots interest is growing, the banks hear the drums pounding.

Conclusion:

Miners should begin to increasingly keep pace with broader markets in rallies, and possibly hold staady in broad market selloffs… The key to keep them intersted in miners is gold price stability now.. Sideways in Gold is bullish for miners