RE:RE:I expect a large increase this week.I realise that there is major resistance above, and more importantly the cartel to prevent pm's going over that resistance. But i sense there is a short squeeze coming. Hope i am right since i am going in levered... Plus the gdxj rebalancing has put a lot of pressure on gold miners. Making them underperform this year. I think that will help also since it ends june 17.
Kirkland lake gold and endeavour mining are showing increases. Not major % wise, but against the trend. Those 2 are my biggest holding btw, very very good companies for everyone to look in to...
Also USD/YEN is down today, stock market seems to be turning, crypto's might have peaked for now. And palladium is ready to fly...
Bottomline, i do realise it is all thin, but i dont think there is that much needed to burn the barn. Lots and lots of people ready to exit the stockmarket and enter gold!!!!