Market Vectors Junior Goldminers ETF (GDXJ)

[tootalljones]

This guy has gold short and longer term about right in my view.
impressed by his short term chart which I intend to rely on when I rebuy, and also very impressed and happy about his longer term chart which sees gold at the top of mount olympus.
http://www.goldvybe.com/home.html

instructive to read about him and his experience, fwiw..

while there is nothing to compare with the fast destructivenes or fast wealth that can come from biotech, we all should remember that gold is probably the second most volatile sector in the stock market.


The core play is this: is gold in a bull market, or has it resumed its bull market from 5 years ago? I think it has for various fundamental reasons.

I think this way so strongly that I am going to risk a ton of money on my speculation.

MOST IMPORTANTLY, if we are in a bull market, the size of which I believe is going to be massive, then if you buy just one time per week, like every friday, then you can smooth out the volatility and you will become wealthy over the next 3 to 4 years. Yes, you will feel sick to your stomach on pullbacks, but you will still have your position and the bull will pull you higher in several months. Me, I try to time things largely, to increase my holdings. So there I go, already not following my own buying suggestion for newer investors,but that is the way it goes. I have been a gold person for a long long time, with varying results. blahh blah........

I believe for various reasons that biotech is now in a bear market, and has been in a bear for the better part of the last year almost. I cannot see it changing in an election year. Certainly Hillary will try to destroy biotech share prices, and Vegas puts her as an odds on favorite to win the general election. Not sure I agree with these odds but what I think does not matter. Vegas is the stock market; it is the consensus.