KLONDEX MINES LTD. T.KDX

Tax loss selling

[prouditalian]

the perfect storm is coming to the gold mining shares...
1. Tax loss selling
2. Gold breaking the 1260 support

GDX imo will take out the 2015 lows set in Dec within the next 3-6 months...there will be panic.
These shares are almost at those 2015 levels now so no telling where the price will be...I will make a guess and say between 1.00 and 1.50

[JintsuGehan]

Are you for real? All big analysts including Goldman have revised their targets upwards for 2018. Gold price has already priced in December rate hike. Everyone knows this. Feds' Dot plot shows only 3 rate hikes in 2018, but will actually only be 2.  Inflation still not at Fed's ideal target so they can only hike max 2 times next year. Powell also a continuation of Yellen style

[prouditalian]

Jintsu...I know the gold markets extremely well...I also know tax loss selling is coming and can guarantee you the price of yiour shares will be cheaper on Jan 1 than now. I stick to my prediction that miners will break the 2015 lows sometime soon and Klondex will be well below 2. GL as you will ned it..way too emotional

[CaptainConn]

You might be right about the SP but your analysis on gold is laughable. Given the amount of geopolitical $*** brewing up, gold will remain above $1200 and likely go higher.

[prouditalian]

Captain....I never said gold would go below 1200. My only holding is presently gold and is 25% of my net worth. I purchased it at 900 a while ago...sell from time to time when I need cash...but will never sell it entirely as I do believe that gold will eventually break the all time high. Good will not crash as its money and central bank buying is real...I do think gold will drop below the key