Precious Metals

🚨 THE CORRECTION MINING INDEXES ARE HIDING

I analyzed 150 securities associated with GDX and GDXJ and 84 associated with SIL and SILJ since January 29, 2026.

The results are striking:

🔴 70% of the GDX/GDXJ universe remains in negative territory.
🔴 75% of the SIL/SILJ… pic.twitter.com/aayjlI1Hyb

— LBroad (@BroadLuis) September 12, 2026

THE CORRECTION MINING INDEXES ARE HIDING

I analyzed 150 securities associated with GDX and GDXJ and 84 associated with SIL and SILJ since January 29, 2026.

The results are striking:

We have been in the gauntlet (negative seasonality) for three weeks, and the S&P has remained strong. It closed today above 7600. However, diesel is at an ATH, and Trump is blowing up Iranian oil tankers. Plus, high interest rates are putting pressure on stocks. The 10-Year (4.8%) and 30-Year (5.3%) are at levels that make Wall Street nervous. Then you have factors that Wall Street is ignoring: private credit, housing, and consumer confidence at historic lows. Plus, the AI trade is not exactly a smooth ride. Add all of this up, and my expected correction on Wall Street is still in play…..

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