Gold Miners ETF (GDX)

[tootalljones]

yep I loaded the boat with this yesterday. Luckily. I added things up:
pro dollar: 1. currency, 2. euros know their own currency is shot to hell so they give our currency a daily infusion of capital.
Anti: 1. The annual trillion dollar deficits are probably beyond a failsafe point. Owing 10 trillion is one thing, but 31 trillion with rising rates is a disaster. Every point higher requires 300 billion in interest, without taking off any of the debt itself.
2. With this administration, they think nothing of adding on another 2 or 3 trillion per year, especially if we have a recession where tax revenues dry up.
3. Clearly the war shows the u.s. thinks nothing of stealing money of the dollars owned by other countries, which is in the international, SWIFT BANKING SYSTEM. U.s. has confiscated 300 billion dollars of Russian reserves in the Swift system.........\j Every country now on earth say that move and is taking steps to get out of dollars, or at least downsize away from them. And gold is a nice way to diversify. 4. All the other countries have completely blown out their own fiat currencies....everybody knows what is gonna happen over the next 5 to 20 years.
But what I really think has started this next leg up, which started today, is america stealing russian's money, because russia would not do what america wanted in Ukraine. All countries now know that america can grab their money any time they want.