Dreary and Directionless

by Rick Ackerman

The markets have been woefully constipated lately, even for the dog days of summer.

I’ve updated several touts for Tuesday but refrained from putting out any new ones, since the issues we track and trade are not exactly beckoning with opportunity.

One trading vehicle in particular, GDX, looks almost certain to fall at least a little farther, implying that prices for physical gold will continue to languish over the near term.

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