Market Vectors Junior Goldminers ETF (GDXJ)

[tootalljones]

You make a good point. My response is that I am very results oriented. Pragmatic as opposed to doctrinaire. Today's economic data and the Fed Chair's response to it, proves to me that Jay and The Establishment wants inflation, and a lot of it.
So did Trump btw.

and just wait till the fund industry and people in general see that their money is being eroded at 7 or 8 or 10% (the true number) per year. You are gonna flee to gold, just as intelligent people are now fleeing to red states. People who 3 months ago would have laughed at gold are gonna have second thoughts.

We are gonna implode without massive inflation. I think the FED is committed to inflation here as much as it can get. Without 7 percent inflation minimum, this entire economy collapses (as other countries are worse than the U.S.). The OLIGARCHS ARE DESPERATE FOR INFLATION, and they are now getting it, finally

This guy does too. And with Gold now solidly about 1800, the miners are dirt cheap. They truly are, with very sound balance sheets now for the first time in 25 years.

David Lin has best guests, and does best interviews there are.
https://www.kitco.com/news/video/show/Market-Analysis/3500/2021-07-13/Inflation-wont-stop-at-5-Im-predicting-a-return-to-the-1970s-says-Mark-Skousen#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DMarket-Analysis