I know the NAV of GDX is mostly different of the trading price. But now the difference is accumulating . On Yahoo the NAV is 33,12 usd and on Van Eck site the NAV for GDX is 33,93 usd . Yesterday's closing price was 31,38 usd (januari 4th). This is however a much bigger difference as usual ! Anyone of Van Eck here or others with a plausible explanation ?
v
Why would any american want the dollar to implode? Makes no sense. Oh so what your gold can be worth more? If the dollar implodes like many here seem to wish for then everything you buy will be a lot more expensive then it already is. Why not hope for a rising or steady dollar and a rising gold price? After all the dollar and gold have risen together in the past. Same goes for anyone that wants 4K,5k, 10k+ gold…..imagine what life would be like if for some reason gold was 10k by end of this year? Life wouldn’t be so great. Think about it.
r
Gold and miners typically rally after the first interest rate hike. If they don’t rally before will no doubt begin in early March. This is very close to the bottom. Long term lots Iof money to be made here. Am easy double or more over the next couple of years as gold heads toward 3000 due to fiat debasement
v
@kbot what name do you like the best should gold make a nice move higher this year? Not getting excited till we reach over 1850ish weekly close.
The dollar is again at a level where you don't want it to close the week. If it does, that'll be the second and bigger domino to fall and will flip intermediate-term technicals decidedly negative. Gold is on the verge of breaking out over a 3 point downtrend going back a full year as well as many other key technicals. If gold doesn't get smacked tomorrow with the CPI number and finishes this week strong along with the dollar doing the opposite, then this will be a big sign that the next leg up is getting underway. A weekly silver close in the mid $24s will fully confirm this along with a GDX weekly close of $35ish (not likely this week). Need to see gold, silver, and miners agree this time. Tomorrow we'll find out if today was a 'sell the news' setup or if it's the real deal. Fun!
#gld #gdx #kl
P
We just noticed that this miner proxy is in a 50% crash while USA stock indices are all time high. Does anyone know why? Strange.
P
In a new year 2022 many of us are looking for cheap stocks ...! As on Nasdaq 100 and S&P 500 very cheap stocks are very difficult to find , you better take a look at some gold miners ! They are very cheap with P/E around 10 (!!!) . If you don't know which miner to choose ...buy the GDX ETF (basket of big and mid-tier gold miners) . Don't look each day at the value of GDX , you will be misguided,...just take a look each summer !..... I am sure GDX has a lot of potential to surge in 2022 ! Good luck 2 all !
Hollah fo' Kling Dollah! With today's weekly close the dollar has now officially shifted to negative. Price Chart Toddlers don't see this yet as they think with today's reversal it reclaimed the uptrend line going back to June. Not so, Pretty Kitties, not so. It was a good run, except when you zoom out and see the greenback has gone nowhere in exactly 7 years (!).... (Metals doubled in that time though)
#gld #gdx
P
To answer a panicked bagholder, if you are long mold miners you need to prepare yourself for a further 25% plunge from here. It may be a grinding action or it could be a falling knife. There is a big battle down there between shorts and longs. Regardless, this burger will be back at 32 within 3 years. So you will only experience opportunity lost like shills have done for a decade. That should assist in your planning. One thing is for certain, though. Hysterical shills will issue promises of gold 3ooo and silver 5o and "no, REALLY! THIS time is the time to buy!" Sad
P
UPDATE - We will be using more technical terms in 2022 and explain them with great prescience and alacrity, mmkay. We will teach more in depth about technicals and not just inform you which way the market is headed and what JPM is doing and just spoon-feed you free cabbage. This will be an exciting change. Now that shills have been fully exposed, its time to teach Level 2 so that our BAse can pay it forward to THEIR generation and expose nextgen shills!
P
Yes, to Our BAse as a Reminder confirmation to pass along.... we educated pips that 32/33 was a hard SELL and we GAVE that information well ahead of time for FREE. Also, Please know that all that inflation talk and interest rate hype and Basil on his 3rd COT etc etc is all ye olde archaic metrics designed by JPM and similar Whales to keep you buying tulips and unearthers. Do not be embarrassed like shills are. They have been played for over a DECADE, kids! We are in The New Paradigm and the overly edjamacated blue haired shills cannot adapt, react, act.
P
ALERT - Mold miners failing exactly at 50 DMA that for many of them is a 50 DMA that is just beginning to roll over. You NEVER want to see that - if long - within a secular bear crash sector that is STILL overbought. Many of these burgers bounced at double bottom and are now failing again UNLIKE USA stocks which are just BEGINNING a new bull leg uptrend. Catching on yet?
P
With mold miner charts now officially shattered, we advise longs to wait for a basing then a re-build. Shills are exposed and technicals need to re-establish. Gord Bless.
P
From the Too Funny Department - Our BAse is accusing us(a) of "just showing off now" and "how did you guys KNOW miners would fail at 5ODMA?!" ... Simple, kids. Even shills might understand .... The inverse of USA stocks is miners. USA - in a secular BULL - always bounces off upward sloping 50DMA where Whales - the hot money - jumps in. The exact oppo is miners (in a secular BEAR) is a downward sloping or rolling-over 50DMA where the hot money always batters them. We have a few other metrics and use 80:20 reward:risk. Shills and Pigeon MAsters use shilly archaic metrics and "proprietary" (always make us gigglefatart) charting. Amateurs, eh.
P
Do not be alarmed, kids. USA America Stock PAtriots have PPT, JPM and Uncle Feddy to guide them with all time highs ... and bagholders have MAster Chartisans to get you through the mess that shilleries guided you through bottom after bottom and round trip after round trip. !! Remember, Mold miners are now tethered to gold 1:1 to upside and 4:1 to downside, roughly.
W
EQX, Killer report
record production
as GDX adds additional EQX shares in Newly filed 13F Holdings report.
EQX upgraded with $10/$12 price targets.
closed at $7 yesterday
500% EPS growth last couple years.
GDX adds EQx, 10X trader now adding EQX…
P
Difficult to impress us(a) but even WE are amazed for how long a for how wrong shills and blabberrotti have been about this secular bear crash sector. Going on two decades now as we pocket 3 lifetimes of their cash and sit on 5o% USA America Stock cash which we will use to scoop up pennies on the DollaH (HollaH!) mold miners when time is right!! New Paradigm, pips. No one values unearthers of pet rocks anymore as gold geezers are 6 feet under. Learn Our Geniusness.
P
UPDATE - Shills are in their full-on usual jealous hysteria over the long weekend kwying about King Bankers and Uncle FEddy and the unfair secular bear crash in terdfarmers and failing to see the JPM/PPT support of USA America stocks at 5o and 2oo DMA!! Sheesh, give it a break already. FAce it. USA America Stock PAtriots WON The GAme.!.!
b
Of all the stock advice services I have used, I find (http://financialdeals.tech) to be one of the absolute best! Their advice is well researched, helpful, and up to date. I don’t know how I ever went about day trading without reading their newsletter first!
x
I stick with my call... Coming decade is stagflation decade. Traditional industries & hard assets will out-perform the hi-tech BIG time.
#gld #gdx #kl
#gld #gdx
record production
as GDX adds additional EQX shares in Newly filed 13F Holdings report.
EQX upgraded with $10/$12 price targets.
closed at $7 yesterday
500% EPS growth last couple years.
GDX adds EQx, 10X trader now adding EQX…