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Gold/Mining/Energy : Gold Price Monitor

GDXJ 50.28

+1.4%

4:00 PM EDT

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To: Rarebird who wrote (115200)	10/8/2021 7:39:42 AM
From: Rarebird	of 116348

It is so simple, it becomes so complicated for the Gold bug. Rates are rising, dollar is rising. This is bearish for the Miners. I am in the business of making as much money as possible in the financial markets while recognizing and minimizing risk. All the hardcore gold bugs do is provide excuses for why the Miners are declining. I have heard all the excuses over the years and I am sick of listening to them. I am only interested in the bottom line. The Miners are early cycle plays that one should get long during the transition from recession to growth. Otherwise, they are short sales.

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