Gold Miners ETF (GDX)

[tootalljones]

Clive Maund,"I say all this because the stockmarket is now set up to crash, with the same kind of yield spread that we saw before markets caved in in 2000 and 2008, and also because gold now appears to be completing a potential Head-and-Shoulders top with an extremely lopsided COT structure and the Commercials heavily short."

I would add one more factor, we are now just about in tax loss selling time, and it has been another bad year in the stock market, excluding msft and a hand full of big names which anchor the indexes. The fact is, most stocks have either gone no where or down. EXPECT ANOTHER SELL OFF AS WE END THE YEAR, and remember last year, as I expect a repeat.

One last note: I don't know if Maund is this naturally stupid, or likes to fool himself, or just knows nothing about poltiics, as he states, that it looks increasingly likely that "Trump will be impeached." I may be wrong but think that Maund may be canadian, so he knows nothing about American politics or political theatre. Trump will not be impeached, nor will the Pelosi House even conduct a vote for impeachment, and truthfully, I do not think Maund even understands what impeachment means, practically speaking.

However, the THREAT OF A VOTE IS SOMETHING THAT WILL NOT HELP THE BULLISH THEORISTS, AND YOU will see the DEMs and their socialist media drag this out endlessly, their new Hoax, right up there with their Russia Hoax and their Kavanaugh Hoax, and this will not help the markets these last 3 months of the year. People will believe anything.