Mining Shares are Looking Better as Insitutions are Coming Back

The week opened strongly with the mining index surging ahead again following positive leads from the Dow. This contrasts with early July movements over recent years, when the market was much more wimpish. That is the difference between being in a bull market and a bear market. The strength of the Metals and Mining Index this week is confirmation that the big end of town is re- weighting in mining stocks. The asset allocators have obviously decided that the pickings will be more attractive in mining than they have been. 

 WeeklyComm16July20161.pdf