Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.
https://www.facebook.com/DorothyHenderson113
I'll go on record taking the contrary point of view.
SPX is in a bear market rally which will probably stall out around 4400 before turning lower, with the ultimate lows in the 2000 - 3000 range in a year or two (too early to tell how low SPX will go or when it will get there but 2700 in summer 2023 would be a best guess at this time).
GDX is in a bottoming process after its bear market and a new bull market is imminent, likely to run (in a very volatile manner) for several years.
All fundamental is at gold side...
Fed are soon going to have to pivot hard, slashing rates and sending out more helicopter drops of money to try to save the economy, despite elevated inflation and the risk of more helicopter money making inflation worse.
Very bullish for precious metals and their miners.
Welcome back to the 1970s.