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Gold/Mining/Energy : Gold Price Monitor
GDXJ 44.83-2.4%May 29 4:00 PM EDT

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Cogito Ergo Sum
rdkflorida2
To: rdkflorida2 who wrote (115192)10/8/2021 7:24:34 AM
From: Rarebird2 Recommendations  Read Replies (1) of 116172
 
GDX and GDXJ are successful short sales 75% of the time. The Miners are poor hedges, in a down market. As a currency, Bitcoin has supplanted Gold.

One can analyze it or over-analyze it any way you like, in terms of interest rates, USD, etc.

I am just stating the facts.

One can make huge $$$ in the Miners every 4 years or so for about 6 months. Then get out and short the Miners.
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