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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (115771)	10/25/2023 8:53:28 PM
From: Rarebird	Respond to of 116753

For sure, the Miners are not ready for prime time yet. But they will be by the end of 1/24. As for the late day selling in Mining stocks, that coincided with the decisive break below SPX $4200 and you know how many market participants get, they capitulate and sell most of everything in their portfolios. As for the Wars, there is no end in sight in the Ukraine/Russian war and the Israeli/radical PLO war has been going on forever, with stops and starts. Couple all this with union strikes going on everywhere and a gov't that is absolutely polarized and I think it is just a matter of time in short order that the POG finds itself well above USD $2060. The oil stocks sold off a bit today too and the price of crude oil rose quite a bit. I follow the energy market closely and I see no rhyme or reason to the relationship between crude oil and the energy stocks. One week the energy stocks rise when crude oil is flat to down and other weeks the stocks decline when crude oil is up. I don't see any kind of pattern there that lasts more than a few days.

To: Real Man who wrote (115771)	10/27/2023 4:39:26 PM
From: Rarebird	Read Replies (1) \| Respond to of 116753

The Miners responded today. And they will do so in a more regular manner once the new Bull Market begins as the US financial system is all screwed up. When will it happen? I reiterate again: within 3 months when everyone least expects it.