Gold stocks: A cup & handle is born?

Fake employment reports, endless wars, a soup kitchen called the Fed, free speech in a garbage can, and a soaring US stock market that supposedly proves that all this madness is sanity…The FXI has soared about 75% from my buy zone for investors…

If America’s 30 mightiest companies can’t build any sustained gold money wealth after 54 years, can the average investor expect to fare better? Double-click to enlarge. The dollar is a failed currency ,Double-click to enlarge. The 2021-2025 war cycle has once again put the spotlight on oil. Interestingly, oil has been moving in the opposite direction to gold since the 2022 surge faded, and especially since last October, when US rates hit my 5% sell zone at my $1810 buy zone for gold.

But then both inflation and rates will begin to rise like they did in the 1970s , creating what is best described as nirvana for mining stock investors. Short-term top patterns on the miners are expected to form as gold becomes overbought… especially if gold stocks are arriving at previous highs of significance,Double-click to enlarge. It’s clear that GDX is recoiling after rising towards the area of the hugely significant previous high of $43.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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