From: Rarebird | 1/25/2022 9:49:34 AM | | | | Gold Miners don't do well in the late stages of a bull market or at the beginning of bear markets.
Gold Miners are very early cycle plays at the anticipation of the onset of Fed easing. Otherwise, the Miners are permanent shorts. |
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To: Rarebird who wrote (115272) | 1/25/2022 10:06:23 AM | From: Rarebird | | | Gold bugs will argue that if the stock market falls enough to prompt the Fed to back off from its tightening cycle, Gold and the Miners will rally strongly.
My response would be that the Miners may stabilize for a while if that scenario took place. However, the Miners would continue to fall with the broad market till that point was reached and the stock market would still not be in an early cycle bull easing environment. |
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To: bjzimmy who wrote (115275) | 1/26/2022 12:43:58 PM | From: Rarebird | | | I no longer play short term intra-day pops. I'm sure Gold would pop if a war started out. But it would represent a sell the pop. Why bother? The big money is in holding top quality stocks intermediate to long term. Maybe the equity bull has till 2024. It will be a pretty catastrophic drop, the mother of all Bears once the Bull completes. We are not there yet. |
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