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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (115192)10/8/2021 7:24:34 AM
From: Rarebird2 Recommendations

Recommended By
Cogito Ergo Sum

  Read Replies (1) | Respond to of 116216
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.

To: rdkflorida2 who wrote (115192)10/8/2021 7:26:12 AM
From: Rarebird  Read Replies (2) | Respond to of 116216
GDX has broken down. It is a short and headed lower.