VanEck Vectors Gold Miners ETF (GDX)

****What will happen to Inflation someone asked ?****
**Hyper Inflation** will occur as too much Money chases too few goods. It has NOT Happened for the past 12 years since the financial crisis because the FED had directed all the money into the stock and bond and indirectly real estate markets inflating those assets primarily for the top 5% wage earners causing massive income inequality while the lower class inflated their DEBT. Now the Fed and treasury is directing money to the middle and lower classes due to the pandemic to make sure that spending does not collapse. They are NOT doing so to HELP the Lower or Middle Class ! This is ONLY being done so that the Lower and middle class can continue to PAY the BANKS (which the FED LOVES) for LOANS, MORTGAGES, and CREDIT CARD debt as well as protecting the Super Inflated Stock markets by providing money for iPhones, Nike Sneakers Mcdonalds etc ! The economic principles are clear that EVERYONE can't be RICH but the fed and treasury has been printing money and expanding Credit and Debt for many years and now this money is QUICKY coming down to the common man and this is going to cause the prices of everything to SKYROCKET very soon. The fed knows this is going to cause massive inflation and would normally force them to raise interest rates and to tighten credit (which would crash markets), This is why LAST WEEK the FED even says it will allow INFLATION to run much higher for many years !) This is being done so that the massive debtor companies, individuals and governments can make their minimum payments without high interest costs which would normally bankrupt them.
Make no mistake, inflation is already here in food and soon will be seen in products you buy made in China and US etc... This is because the flood of new money, Trillions of it in the hands of the common man who will spend it DILUTES the dollars and makes them worth less... It's coming thats why Gold is rising steadily now. GOLD does not "make" money per se over time but it MAINTAINS Wealth as currencies DEPRECIATE. Gold is now at RECORD LEVELS in EVERY CURRENCY Including the US DOLLAR earlier this month and will continue to make new records here too... I bet 99% of the people who read this do not own ANY gold outside of Jewelry and rightly so until now because the stock market was rising faster than gold for 12 year. But that is almost of not already over now imo..
Even with all this printing, corporate revenues and earnings are going to decline big (for most companies) after stimulus is cut off and make the stock market ridiculously expensive.
Regarding gold, the people in VENEZUELA, ARGENTINA, GREECE, ZIMBABWE etc all of these preserved their wealth with gold as their countries mismanaged and debased their currencies (as the FED and Treasury is doing in the US dollar today) and this is why GOLD Is going to MAINTAIN your wealth and those that stay in dollars will lose over time. And as I said, the fact no one is in Gold hardly at all is how bull markets are made, I posted a comment on the Berkshire board about Gold and got 90% thumbs down proving my point that few are invested in Gold and it will surely rise much more than many believe because it's FINITE in quantity and when everyone wants in to protect their wealth, it will rise even more.. Gold is the ONLY REAL MONEY produced by the sweat of men and has NO COUNTER PARTY RISK because its VALUE IS SELF CONTAINED. THE FED has tried to STOP COUNTER PARTY RISK by BUYING the other side of the trade on stocks, bonds etc but soon they will not politically be able to do so (and they can't buy everything without bankrupting the country.) Its funny how most people think the US is CAPITALISM as the FED BUYS ALL failed debt and props markets and as people see what is going on, they will force this WEALTH TRANSFER from the PEOPLE WHO WORK and MAKE THINGS to the RICH (who do nothing but watch their financial assets inflate) to STOP and that is when the markets will CRASH and GOLD WILL EXPLODE. Buy Gold EAGLES or in trading accounts PHYS who has audited gold, stored at the ROYAL CANADIAN MINT in CANADA and will deliver it to you if you have enough shares. Or for additional Leverage, Gold and Silver miners (GDX Gold Miners Large ETF) or (GDXJ Gold Miners Junior ETF).
DO NOT BUY BANK OWNED GLD WHO is NOT AUDITED and Servers to TEMPER demand for GOLD by taking in money and possibly not buying the physical GOLD IMO and will eventually cause losses for Investors imo...
GLTA !!!!
We are going to need it soon as the FED totally destroys this country to enrich and protect Wall st banks and the wealthy using Taxpayer dollars ! I will make another post soon to further explain my point about Gold vs Cash. read this, understand it and learn from it to protect your wealth from the Fed and treasury actions !

"Gold turns higher for the week as investors parse Fed’s historic policy shift"

$SLV $HL $NEM $GOLD $AEM $CDE $SIL $GDX $WPM $KL $BRK-A $AMD $GDXJ

**SPECIAL ALERT***
The banks are writing a lot of articles on Yahoo and Kitco Oh Gold is going to drop its gone up too far too fast ! Yes Nasdaq can go up 400% but Gold up 38% thats PARABOLIC right ?
Now here is the situation.. The BIG BIG Money wants IN and they have engineered a bunch of sharp corrections in the past and my brother got snookered already calling for a correction 100 dollars ago..
Now again he says GOLD Is going to drop big and I said SINCE You and everyone like you in this space had been expecting and calling for this big correction it probably won't happen.
What is going on today likely is a big money on the WRONG side of the trade wants to scare weak hands speculators mo mo traders then they will scoop up the mining shares and then BOOM back it goes up.
Now are we due for a correction or consolidation sure but this is a VERY POWERFUL MOVE where the BIG 2000 was taken out.. and This draws in MORE buying. So we will see if this is a SNOOKER today and GOLD REBOUNDS or if my BROTHER IS RIGHT this time....
Again those not using LEVERAGE can use these little pullbacks to add to positions..
Me I AM ANXIOUSLY Awaiting HECLA earnings which I have a big stake in.
Reporting Tomorrow AM expect a big UPGRADE to the FORECAST !!!
Hoping to see 7.50 tomorrow !!
Lets see What happens today if people got snookered out of this bull market......
I think it will rebound but if not it will certainly make new highs soon...
GLTA
$SLV $HL $NEM $GDX $GOLD $CDE $AEM $SIL $GDX $GDXJ

GDX gold miners index new 52 week high minutes ago...
No stopping gold now...
Commercial Banks and other SHORTERS Must Cover NOW or becrushed !
$SLV $GOLD $SIL $GDX $NEM

Gold bull market finally underway..
Gold will easily test 2000 per ounce once a lot of paper money 💰 wants it due to overprinting and dilution coupled with Lower interest rates ie fed rate cuts and stimulus....
https://apple.news/A0hT6vtVzSpG61rFL5tH6xQ
$GOLD $NEM $GDX $SLV

2050 taken out...
Peter Shiff saiid there would be days when gold went up 100.00
ADP report huge miss !
Potus wants to stop taking out Payroll taxes
Mnuchin and Powell working with republicans to provide massive stimulus
Dollar is tanking exactly as Steven Roche said it would..
They are destroying the dollar rapidly now
Huge amounts of paper moving to the real thing that can't be printed.
Gold and Silver !
$GDX $NEM $GOLD $NEM $PAAS $CDE $SLV

Google “Chart gold mining stocks to gold ratio.” 12 year breakout from DEEP lows happening now. Only the beginning.

This 12-year breakout in mining stocks relative to gold is as solid as a rock.

Couldn’t be more bullish for such a historically depressed industry.

Exactly how the early stages of a precious metals bull market should look like. #ELDORADO2020 $GOLD $GDX $NEM $KL

Massive inflation in the pipeline as the Consumer Price Index comes in at .6% DOUBLE the forecasted .3% rate and matching last months .6% rate as massive money 💰 printing filters its way into consumer prices ! Gold and Silver are the best way for the common man to protect their wealth if not part of the 1%, wall st banks, or owners of toxic debt backed by the fed.
“Gold price above $1,940 as inflation beats expectations in July”
Today Is going to be a fabulous day for GOLD & SILVER MINERS !
$SLV $GOLD $HL $GDX $SIL $PAAS $CDE $GDXJ $AEM $KL $AUY $KGC

Here is a ticking time bomb to add fuel ⛽️ to the gold 🔥 fire..happening now !
This German bank has tentacles into all the big wall st banks like J.P. Morgan,
Goldman, Bank of America and Wells Fargo and its stock has dropped from over 100 several years ago to 7.00 per share pennies above its 52 week lows which have been hit about 20 times in the last 30 days. Deutche bank they say has the largest amount of derivatives in the 🌎 planet... an excellent YouTube on this from a hedge fund very respected woman Zhang entitled the fuse is lit how long is the wick an eye opener published 1 year ago. Start at the 12 minute mark where it shows how debt payments likely to default today and that’s exactly what’s happening.. also in their YouTube screenshots of Deutche “Bail in” clause enabling this bank to take depositors money 💰 if it needs to. Search Deutche bank bad bank to read related articles released in the past few days and hours some of them hint this could be much bigger than Lehman..
This may actually be part or the major cause if golds spike as insiders move to the only real money 💰 that has no counter party or third part risk. All gold investors should read these posts and view the YouTube not my words but breaking news by the hour..

https://www.ft.com/content/5f70594e-9463-11e9-b7ea-60e35ef678d2
$SLV $GOLD $NEM $GDX

No other asset is as well positioned to gain in this environment as fold and silver. This article outlines many of those reasons but the main theme is the US money 💰 printing that will never stop, super overvalued interest rates, sputtering economy and zero interest rates..
“Stunned by gold's record rise? There's more to come, analysts say”
See my comments on GLD board for more info. Meanwhile silver rally just getting underway stunning the naysayers and shorters who have been bashing for 9 ling years. Trrmendous short positions by commercial banks and hedge funds will need to be closed by buying more silver causing higher prices as i told you months ago the day would come soon for silver to gain over 1.00 per day as it has been shorted and held down for so long, and it is a tiny market that can explode higher once investors realize how undervalued it is compared to stocks, real estate gold etc.. a pure troy ounce even today is still only a little more than the price of pizza 🍕 or 5lbs of hamburg or 1 bottle of wine 🍷 in a restaurant or 2 weeks of phone service etc. buy and hold silver eagles 🦅 as many as you can with silvers returns will amaze in the months to come imo..
$NEM $GOLD $GDX $AEM $KL $SIL $PAAS $WPM $IAG $AUY $KGC

**SPECIAL MESSAGE to GOLD and SILVER investors***
These moves in gold price are NOTHING to be excited about and feared. Because the price of Gold is so high 20.00 is only 1.5% !
The financial pros think nothing when a stock goes up 5% or 7% in 1 day that would be like 100.00 in gold because it's 1418 per ounce...
Don't listen to crooked banks telling you gold is overbought a 1.5% move is nothing at all !
In fact Gold is only up 11% in the last year that would be very disappointing for an average stockholder so I tell you this so that you can ignore any voices saying that it has come to far to fast overbought etc..
That is NONSENSE !
This has been sitting for almost a decade way under it's previous high.
Don't be snookered by pros who want you to sell to help their short positions or so they can buy your gold...
If you have been waiting for 8 years you would not sell for 10% would you ?
$SLV $GOLD $NEM $GDX $SIL

This is it ! finally the 8 year long short has been broken ! 1700 is now in sight quickly..
Like bitcoin.., especially due to short covering by commercial banks..,
Public is just getting an inkling of what is going on trillions in paper floating around make a combustible confluence of events gold like a tightly coiled spring now...
$SLV $GOLD $NEM $GDX
https://www.kitco.com/news/2019-06-23/Gold-Will-Have-More-Buyers-At-1-400-Than-At-1-300-Scotiabank.html

Market topped with massive money 💰 printing stimulus, guaranteed negative real interest rates, and soaring produced prices. I bought more hecla today.
The corrction is healthy and while this was a decent drop many tech stocks today like amd fell almost as much as gold.. the pullback is required and necessary to alllow new buyers to get in and reach new highs..
Looks to me the stock market is topped as it ismat levels higher than it was before covid when everything was booming... my brother was right about the size of the pullback, i thought we would stop around 1950. But he bought back in today into the miners so i feel very good about that..
Here is a good read on the situation..
“Here's how gold price lost over $100 in one day and why this is your 2nd chance to get in before new highs“
GLTU
$SLV $GOLD $HL $GDX $SIL $PAAS $CDE $GDXJ $AEM $KL $AUY $KGC