Gold will make new highs in 2024 once the fed pivots. Going into 2028 you will see gold continue to break records. The 2028 election will all be about the defecit and the debt. We won't make it to the 2030's without cutting spending, 100% of all tax receipts will go towards interest on the $46 trillion debt in 2028.
For now, Gold bulls just keep your toes in, if you're out, stay out. Wait for the micro indicators to turn around, a sustained GDX about 30 would be a good indicator.
Banks are shorting the SH ** out of gold so just be careful, but the inevitable is coming.
For now, Gold bulls just keep your toes in, if you're out, stay out. Wait for the micro indicators to turn around, a sustained GDX about 30 would be a good indicator.
Banks are shorting the SH ** out of gold so just be careful, but the inevitable is coming.