VanEck Gold Miners ETF (GDX)

Next stop for the $GDX is the $19 which is the March 2020 lows. And then I think it goes to $10 (all time lows). I am sure MT and Trimix will still claim they are winning.

Prediction: $GDX goes to all time lows before year end.

OK I know I've spoken ill of NUGT before but I went long today at $29. Today reeked of a fake breakdown to try and scare people out. Above average volume on $GDX $JNUG etc today.

Just Went and looked up thelastdegree(Gold Ventures) that @James mentioned. The guy has a 'pinned' tweeet dated 10 Nov 2021. "Consolidation has ended; Gold $2750, silver $65, #GDX $125. lolololol...I have no earthly idea what #GDX is trading at but I'm going to go look. Beware these pumping scammers. He states in his bio he doesn't like financial advice, (but sure does like to give VERY specific targets). 😄

$1722 - looks like $1700 is about to be taken out. $1500 gold will put the $GDX near $10.

No stock in the $GDX is trading above the 200-day line anymore.
This signals #depression and #capitulation.

Bitcoin up 10%. Gold and silver falling off a cliff. How does it feel? The $GDX is going to $10, maybe $5.

Game over. Gold $1500, silver $10, $GDX $5 is inevitable.

It’s time. The move has started. $GDX and $GDXJ and $SILJ with potential to double by October. $AG heading for around $30US. DXY below 86, Silver to $40++ , Gold to 2300++, probably 2500. Good gains ahead. Still time to position this month. However all moves have started.

The recent 60% allowed rise in premium by the Shanghai Gold Exchange pertains only to international trading of 12.5kg 995 bars of gold…the exact same bars that are considered good for LBMA standards, where the paper futures price is shorted to hide inflation. China wants true gold price, as they are the largest producer and holders on earth. $GDX $GDXJ $GC $GOLD $NEM

Both gold and silver miners are underperforming the metals today. Hope they will catchup.

#gdx #gdxj #silj

Gold up 1.7%, $GDX up 2.88% and $EGO up 3%. Gold and miners reignited, like summer 2020, but with a higher consolidated base. Looking forward to Eldorado Gold's Skouries updated feasibility study factoring in higher copper and gold prices-due by next month.

Tapering has already been reflected in gold prices. Gold moved higher after September CPI report. Markets finally acknowledging inflation is not transitory and will impact economy growth rates expect heavy safe-haven inflows in Q4.
$EGO $GDXJ $GDX $IAG $BTG $AUY $HMY

$IAG takes $3.80 this week, gold price is at $1850 currently, socio political issues in the Middle East are starting to hit markets, crypto faltering, gold bugs is your time $GDXJ $GDX $JNUG $EGO $BTG $KL Up ⬆️ cycle has started for PMs

Added at $9.64. EGO down 4% when $GDX & $GDXJ are down only 2.65%?
Eldorado Gold with massive assets/positive cash flow, under $12 is a bargain, under $10 is a steal!

Gold price moving aggressively higher today $EGO $IAG $BTG $HMY $AUY $GDXJ $GDX

"Gold's inability to benefit from falling stock markets is a reflection of how difficult it will be for gold to make significant gains given the interest rate outlook outlined by the Federal Reserve last week," according to Kinesis Money's Rupert Rowling.

#gld #gdx