Gold Miners ETF (GDX)

[tootalljones]

First, I bought a ton of barrack gold yesterday, at the absolute lows, the low 20.40 range, every share that was offered. For a variety of reasons it should outperform GDX going forward, where already is the second largest component, plus it nicely pays an almost 2 percent dividend, which is not a small thing.
I think the odds are very high it ourperforms GDX. Analysts usually suck but 28 from a current price of 20.70 would be a fine return over the next year. The odds are good that the POG ascends over the next year, as I have previously suggested. The fundamentals look good as we enter a dark time for the nation state around the globe, and the West in particular.
“Barrick Gold Corp (NYSE:GOLD)
The 20 analysts offering 12-month price forecasts for Barrick Gold Corp have a median target of 28.00, with a high estimate of 32.08 and a low estimate of 21.50. The median estimate represents a +35.00% increase from the last price of 20.74.”