The following commentary is from Jason Goepfert at SentimenTrader: “Conditions are bad in the mining sector. So bad, that two of the leading players just resorted to the last-ditch effort of suspending their dividend payments. This is an extremely rare occurrence that typically happens after horrid declines and questions about their status as going concerns. By the time sentiment has gotten this ugly, it has marked the final exhaustion in the last two down cycles (see chart below)..."
at http://kingworldnews.com/alert-we-just-witnessed-one-of-the-greatest-contrarian-indicators-in-the-history-of-this-key-market/
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