Precious Metals Mining Stocks - Daily Chart Buy Signals Triggered

Just a quick note tonight relating to gold, silver, and precious metals mining stocks.

Unlike the average U.S. stock, which has mostly posted a stellar gain this year so far, precious metals in general and related mining stocks in particular have been miserable holdings for investors, especially since their 2019 intra-day highs as posted on February 20th. Since that key date, the benchmark gold ETF (symbol GLD) is down 5.8%. The benchmark silver ETF (symbol SLV) is down 11.4%. While these red numbers clearly stand out in the sea of green posted by the average U.S. stock this year, the investment returns for gold and silver mining shares are even worse. The Junior Gold Stock ETF (symbol GDXJ) is actually down 19.5% since its intra-day high on February 20th to this morning's intra-day low. And the Silver Mining Stock ETF (symbol SIL) posted a staggering 20.9% loss for this same period.

Is there any hope for this crippled sector right now? The answer may very well be a strong YES!

Daily chart buy signals were triggered by my computer trading system at today's close in the follow precious metals mining shares and related precious metals mining indexes and ETFs:

Philadelphia Gold/Silver Stock Index (symbol XAU)
Junior Gold Mining Shares ETF (symbol GDXJ)
Silver Mining Shares ETF (symbol SIL)
First Majestic (Gold & Silver mining stock - symbol AG)
Coeur D'Alene (Gold & Silver mining stock - symbol CDE)
Hecla Mining (Silver mining stock - symbol HL)
Pan American Mining Co (Silver mining stock - symbol PAAS)
SSR Mining Co (Gold & Silver mining stock - symbol SSRM)

Philadelphia Gold/Silver Mining Stock Index (XAU) with Buy & Sell Signals

Silver Mining Stocks ETF (SIL) Daily Chart with Computer-generated Buy & Sell Signals

Junior Gold Mining Stocks ETF (GDXJ) Daily Chart with Computer-generated Buy & Sell Signals