ETFMG Prime Junior Silver Miners ETF (SILJ)

[tootalljones]

dumped silj a day after buying it. ...for a small profit. My belief now is that gold is dead, so too silver. the FED will raise by another half point in june, and as many half points, or quarters thereafter as it possibly can, until something breaks. People will be delighted to get some yields, after almost nothing all these years. Fund managers are selling gold and silver funds and in silver, they are even getting short. I suppose this later bet is a belief that the entire market is now in a bear market. In the meantime, money continues to pour out of europe, and moving into the dollar which is in a bull market of sorts, another negative for equities. gold and silver and the miners are dead meat until july or august imho...https://www.kitco.com/news/2022-05-16/Gold-s-luster-continues-to-fade-as-hedge-funds-liquidate-bullish-bets-for-fourth-straight-week.html