Barrick Gold Corporation (BC) (GOLD) Social Stream
Featured Post From StockTwits About GOLD
$JNUG $GOLD $SLV $GLDmastertrader9977, published August 14, 2021
Looks like our sector has confirmed a bottom right as the $SPY is topping out.
This equity top won’t be like the coronavirus crash or the dotcom bubble— I’m predicting it will look similar to 08 with a long, choppy top where investors are unsure of which way the market will break.
It is during this consolidation top where gold and the GDX will significantly outperform.
Remember the s and p to gold ratio is at actual ALL TIME lows as of last week.
Know where to put your money. Looking for an explosive move in gold next week with a possible equity correction. GL