Gold Miners ETF (GDX)

[trunkmonk]

as US treasury jacks up the dollar within its own cycle, due to no one else buying it, and commercial banks stuffed to the gills with US debt, they will continue buying gold, and will let the price run so as to have these assets on the books, at 100% thanks to Basil III. technically it looks like gold inflection point is either here or soon will be. I expect gold to run hard into May, its technically oversold. seems when Miners lead gold the reverse is hard. looking for smooth transition above 2000 soon.