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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Selectric II who wrote (116414)	11/27/2024 9:29:55 PM
From: Rarebird	of 116757

Don't really know. Maybe energy stocks where most are forecasting $40 crude oil? I can only speak for myself. I sold my whole portfolio of stocks very recently and put the money in 6 month and 1 year T-bills, along with a Schwab Money fund paying 4.4%. I know it doesn't sound very sexy, but I did profit a lot from the Bull run since October 2022. I am looking at record valuations for large caps and a market where the leaders ( semis and Megacap tech) topped out in July. The rest of the market will follow suit. When is the big question? I can easily see this market taking a big tumble at any time over the next two months. Much less government and deficit sending is not bullish for risk on assets.

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