It’s the 2012 Saturday morning slot again, with the last five days’ worth of action in the gold bullion ETF (GLD), the silver bullion ETF (SLV), the miner ETF (GDX), the junior miner ETF (GDXJ) and the copper ETF (COPX), all in visual form:
So a negative week for the complex, barring the tiny gain eked out by GLD. The industrial metals had the worst of it, with COPX down 2% though it looked like being worse than that on Thursday morning. Juniors and silver down 1% in a week isn’t that bad, considering the volatility both normally show.