Remember I said we would re-test that fake 213 SPY candle? Same holds for GC. The sooner it gets back to 1080, the better. Miners bottom this week... possibly tomorrow.
Why don't you look at the trading price and bvps under key statistics and find out yourself? NEM and ABX just to name a couple.
So basically the entire sector is worth more if you liquidated it today than what it's trading at. Just crazy.
Early September? I don't really see how it's possible for gold stocks to get taken to the woodshed like this for another 6+ weeks. This is the 9th week down in a row.
If GDX, GLD and GDXJ were SPY, IWM and QQQ, there would've been a "glitch" today and the markets would not have opened.
The last time Veg went this crazy about gold was when she bought DUST at 82 a couple years ago. She seems to be buying DUST again at the major bottom for gold.
How much more ignorant can you get? Does the media even pretend to have any credibility anymore?
Miners have not had a green week since this post and are down over 30% in that time.
Good buy. Might re-test that flash crash bottom though but the end is near.
I was short both NUGT and DUST. I am not short DUST and JDST exclusively via leaps.
They have negative equity at this point.
Germany should've won the war. Their fighting corps and military technology was far more advanced than the allies. If they didn't screw up Dunkirk, Britain would've been taken out of the war. They screwed up badly in Russia by diverging from Moscow and didn't prepare for the prolonged winter.
The axis easily could've won the war if not for a few blunders. Too bad they didn't. The communism that's so enveloped in western civilization today would've been brutally and permanently suppressed as would the Js that are behind it..