Yes, I agree with you Boomer.
A growing number of folks are starting to wake up to the fact that their money is fake and the stock market has been rigged to go up.
They are beginning to exchange their fake money for real money (gold and silver) and shares of precious metals mining companies.
Here is one example: https://www.kitco.com/news/2019-09-19/Tech-CEO-dumps-90M-of-company-stock-to-buy-gold-bitcoin.html
Yes, indeed, Atomic. With these higher gold prices some of these miners are going to deliver stellar profits. GOLD comes to mind, as does SVM. AG? Yup.
Yes, yesterday I was going to post a chart of HUI and the Spock/Plunger portfolio showing both up about 2.25%.
Got to lazy I guess to post?
But it was nice action and so far so good today.
Indeed, but as long we do not reach new highs in gold and gdx, current rally could just be a corrective rally with more downside to follow.
Well, if this is what you call a rally, then I need to get some moonbeams in a jar.
Yes, I agree with you Boomer.
A growing number of folks are starting to wake up to the fact that their money is fake and the stock market has been rigged to go up.
They are beginning to exchange their fake money for real money (gold and silver) and shares of precious metals mining companies.
Here is one example: https://www.kitco.com/news/2019-09-19/Tech-CEO-dumps-90M-of-company-stock-to-buy-gold-bitcoin.html
At this point I believe the Shares SHOULD outperform the metal as long as $1,500 continues to be the floor moving forward…
Yes, indeed, Atomic. With these higher gold prices some of these miners are going to deliver stellar profits. GOLD comes to mind, as does SVM. AG? Yup.
GDXJ (especially)and GDX have seen a nice bounce in the past few sessions…
Sector rotation into PM miners after the quarter Oct.1st…JMO
Yes, yesterday I was going to post a chart of HUI and the Spock/Plunger portfolio showing both up about 2.25%.
Got to lazy I guess to post?
But it was nice action and so far so good today.
I Hate to be the party pooper ( well maybe i don’t hat it because i am )
I am concerned about H and S short term charts everywhere in the Gold Complex
🙁