Gold Miners ETF (GDX)

[tootalljones]

this morning has been a terrific bit of manipulation. (rarely do I use that word in public markets). They ran it up on very light volume premarket with the futures, and just dumped it from the first 5 minutes.....to trap retail longs. Who may end up having the last laugh. My core thesis is the same as yours, regardless of the fake nonsense wall street and DC is spitting out, ..the bottom line is that equities are wildly over priced and main is increasingly going down the toilet with ever worse data......
and this will all come home to roost soon, very soon.
It would not surprise me that this morning was the bottom for the miners and for POG.......unless our core thesis is wrong, which it is not....the bus is way over the cliff and it is accelerating..