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Gold/Mining/Energy : Gold Price Monitor
GDXJ 89.99+2.8%4:00 PM EST
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To: Real Man who wrote (109331)1/3/2019 5:58:27 PM
From: RetiredNow  Read Replies (2) of 116752
 
Bingo. This will continue as long as the Fed continues to tighten through higher rates and through QT. Let's see if the Fed blinks. Also, keep in mind the Dems are about to unleash hell on Trump. That's going to cause real market uncertainty, especially if they impeach him. 2019 risks are so darned elevated right now, no one should be long, unless you are a real gambler. Short dated bonds and cash is king. Gold gets the disaster bid, though I don't own any.
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