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


To: Rarebird who wrote (115272)1/25/2022 10:06:23 AM
From: Rarebird  Read Replies (1) | Respond to of 115407
 
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.



To: Rarebird who wrote (115272)1/28/2022 11:27:24 PM
From: Rarebird1 Recommendation

Recommended By
Cogito Ergo Sum

  Respond to of 115407
 
GDX is headed to $27 very short term.