Post by
drunk@noon on May 11, 2024 6:29pm
I hate the fact the US investor class hates gold and they
are ready to pounce and short it when they feel the time is right. You would think if instead of selling, they jointed the buy side this thing would launch. Instead things like Friday happen. The GDX has just started to move and breeched crucial restistance. And the price was flying in the moring . Up to close to 40 dollars before ny opening and hung around 30 for much of the day. But guess, what. GDX and GDXJ WERE DOWN FOR THE DAY!!! On a critical day when they had breeched upside resitance, and gold moving up strongly, there was no ratioaal reason for GDX and GDXJ not to move.
Comment by
1condor on Jun 10, 2024 6:26pm
The trend in this stock is very appealing. I just keep adding a bit at a time on the dips.