The reason these gold stocks are not moving higher is because we are climbing a very steep wall of worry. Because there is not a lot of conviction in the gold traders, they still do not get it. They still think that the interest rate hikes are bullish for the U.S. Dollar and bearish for gold. (Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ))
Blog Archive
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2017
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April
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- Bearish On The U.S. Bond Market
- Trump Has Not Changed Anything Yet
- Money: Gold, Crypto-Currencies
- The Economy Is Extremely Weak
- Nothing Has Really Changed With Trump
- U.S. Dollar & Bond Market: Going Down
- An Economic Recession Is Looming
- Gold Stocks: Big Upside Potential
- Gold Stocks: Climbing A Very Steep Wall Of Worry
- Gold: The Correction Is Over
- The U.S. Dollar Is Overvalued
- Trump Rally, Recession
- Trump Rally Was Based On Things That Aren't Materi...
- Geopolitical Uncertainty Is Bullish For Gold
- The Dollar’s Demise
- The Federal Reserve Is Actively Engaged in a Propa...
- The Correlation Between Stocks & The Dollar
- Worst Time To Buy U.S. Stocks!
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April
(18)