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Gold/Mining/Energy : Gold Price Monitor

GDXJ 87.56

-4.9%

Nov 4 4:00 PM EST

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To: Real Man who wrote (115769)	10/25/2023 8:13:02 PM
From: Rarebird	Read Replies (1) of 116752

There is no question in my mind that another gold bull will start short term. ( 1-3 months). You pointed out a potential catalyst with the Fed easing and starting QE again. What I do remember of the 2016 gold bull that began in January was that the Market was selling off and the Gold miners were getting pounded every day with the Market. Then all of a sudden one day money rotated out of the market into the gold mining stocks and they began to surge over 5% each day for a few days while the Market was tanking. I am convinced the same thing will happen again when everyone least expects it.

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