IAG was just upgraded by UA (underground stock alerts- google them ) to a BUY with a new price target, LOOK WHAT IT IS!!! that’s HUGE. i’m subscribed to UA’s free newsletter, their subscriber base is huge, the last time they alerted a buy the stock ended up going up 1350% in a very short period, no way this will happen with our stock but it’s still very positive. i’ve made over $200k with their free alerts so far so it’s definitely not something to sneeze at.
As you can see, IAG is down more than 5% since they issued those Pumpers issued the BUY ALERT!!! So we need to be patient (not listen to these pumpers) and not fight the downtrend now, until the manipulation is over (I predict the final big hit on gold price would happen after the shutdown is over)
I have no position in any gold ETFs or gold mines. But I know those bastrads very well ("underground stock alerts"), for those who don't: they are simply called "Pumpers and Dumpers". They buy the stocks in advance and then pump them to finally dump them on you before you know it! Everyone do your own DD and buy gold miners when you make sure the down trend caused by manipulation is over, not when pumpers say so!
P.S. I am sure gold price will eventually ramp up, but this may not happen in short term (like next week) as the down trend caused by manipulation is still going on. We need to be patient, hold and not fight the trend for now. I am also staying on the sideways for a few days until the debt ceiling and government shutdown volatility is over. Gold price might get a temporary hit after those issues are resolved (anyone who thinks US will default or shutdown continues is clearly not a wise trader).