Why would you want to own gold with high short-term yields rising and a strong dollar. We need to break this before gold has a shot. There are times when you want the market to finish a move before...
Before the 2021-2025 war cycle arrived, these “Buy now to make 20% gains in a month!” opportunities for the mining stock ETFs like $GDXJ happened about once a year. Then it became two, then three, and now it’s about four times a year.
Many people continue to argue with me that something has to change sentiment, like a news event or some economic news, for the market to change direction as it did on Thursday. Yet, I continually answer them...
Now, the private sector is basically being tasked to fulfill what the public sector has walked away from as a massive supply of Treasuries get pushed back into the system, (without a glitch?).
