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I cannot for the life of me fathom how far in the red you must be, desperately trying to rationalize your decisions with crazy theories like this.
Be ready for a whiplash to take out stop losses and tick flippers sometime before close. Somebody’s liable to get their eyes on it early.
Early December if you’re lucky. If not then you’ll be waiting til January.
Depending on the earnings, this could tank below a buck or spike to 1.50.
I expect it will steadily decline all day with maybe a spike (up or down) at EoD. Tomorrow will depend on what we get after hours today.
lol, that’d be the 4th Friday there buddy ;)
More like mines announcing closures for the season. Gold production on hold until spring time.
Ha! I think you misspelled 90!
9s in December
You know that the war rhetoric is only aimed at getting Kim’s military to overthrow him, right? That happens and we’ll have a bull market on steroids.
Can lead a horse to water, but can’t make them drink.
How many lost their stop losses with that whiplash?
The value of gold has less impact on JNUG when the mines are closed for the season and not producing any more. It really now only affects what they have in holding and the potential of what can be mined in the future.
May want to close your eyes then. Not a good time of year to be riding JNUG.
JNUG does not follow gold, it follows the mining companies. If the mining companies stand to make less money, JNUG goes down, regardless of the price of gold.
The only pops JNUG will see through the off season will be from quarterly updates and new land acquisitions.
These ETFs are based on a collective of mines, actual dig-in-the-ground mines. The ‘decay’ is in part overhead costs (wages, insurance, etc). This is the time of year the mines start cutting hours, thus cutting production. Less production means less value. In the words of the wise Edward Stark, “ Winter is coming”.
What do you expect this time of year?
Kind of shows you where JNUG is headed for the next couple months
lol, gold is so useless, the Swiss are flushing it down toilets!
There’s a long time between now and thanksgiving fella
Barring any crisis, I’m calling low to mid 80s by thanksgiving, and over 110 by Christmas
JNUG will see under $10 by thanksgiving. It may have a few updates here and there, but it about to slide pretty steadily. Last year I was an idiot and watched it go down the toilet. Washed out all my profits for the year.
Miners will be closing up shop for the winter before too long. Time to come to the dark side
Buying back in
Looking like they’re going try to snatch some stop losses
About to spike I think
Nothings been said about if they’ve mounted a warhead to it or not. Believe me, if they start a war on both fronts, US, China, & Russia would unite to squash it faster than you think. That unity, could even turn out market-positive IMO.
Nah, China’s cutting them off now. It’ll never start. Maybe another test or two, but war won’t happen.
Looking to hop back in around 53.7 before EoD
Not a bad strategy. I’m going to try to sell before the October dip and see if I can jump back in at the bottom. I’ll ride that til December for sure.
When are the reports released?
We’re entering that time of year that JNUG crashes and JDST spikes.
Is this the week, or is it next week?
NK is talking a lot, but China cutting off their oil supply effectively neutered them. Dead in the water. If they start something now, it’ll be over in weeks without oil. Install a naval blockade and a no fly zone. Game over. They won’t nuke SK because they think that land and those cities belong to them. So they’ll have to send their firecrackers somewhere else and the only target they could hit at that point is China. And if we were to stop that with THAAD, then China will be very grateful, economically.
It’ll get there, on its way to $12
Well, that escalated quickly
When is Yellin supposed to be yellin again?