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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.09

-13.6%

Jan 30 4:00 PM EST

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To: Rarebird who wrote (113007)	11/9/2020 8:52:32 PM
From: Sun Tzu	Read Replies (1) of 116955

I've already made my plans known for silver. I am waiting for it to hit 19ish level and show some strength before I buy it. And if it hits 14/15ish area, I will not even wait for it to show some strength, I will just add to it from time to time. I expect that oil and REITs to do very well. But I don't think that today's run up is reason to chase after them. They will pull back (especially oil) and then I will add to my position. Covid is going to be with us for a while longer. And the real economy is still pretty weak. As the market comes into grip with this, you will have chances to jump in. BTW, there has been a rotation at work in the market away from momentum growth and towards value. So the FANGMAN, TSLA, ZM, etc are not the best places to be in anymore.

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