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Gold/Mining/Energy : Gold Price Monitor
GDXJ 90.35+0.4%Nov 6 4:00 PM EST

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To: Rarebird who wrote (115757)10/25/2023 1:39:39 PM
From: Real Man  Read Replies (1) of 116753
 
Small caps and foreign stocks broke the lows (as measured by iwm and EFA). Tech relative strength is what holding the market together. I agree on gold and gold miners, a potentially explosive move up is coming at pivot, while the general equities will decline. I also expect the Fed to soften its inflation fighting stance when jobs losses pick up. That’s when the housing market will get hit.
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