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As a gold stock bull trend develops money ends up shifting into explorers along with the right explorers go up huge. Witness Silvercorp for instance a few rice. It went from like $1 to $20.
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All three moving averages have denied with bearish crossovers being completed signifying downward continued pressure. Spot the trend lines drawn on all three indicators could hardly be bested near no more the triangle pattern that ought to have tipped us off and away to a potential downward move which was followed by employing. The indicators remain bearish but are very oversold, but markets can remain like this for years. Indicators cannot be relied upon for whatever but to exhibit potential. Business is always right and once this one settles down it will show an excellent buying possiblity to make big.
The oil companies doing exploration and mining of oil, should pay compensation to the nations within the world. These activities end up being banned. Do not play with fire.