Gold Miners ETF (GDX)

[tootalljones]

bought a ton of NEM this a.m.....below 33 bucks. a 5 percent yield. as somebody on seeking alpha said, "buy the plunge." Should have materially improved earnings this year. The chinese are buying gold like crazy; if the americans decide to buy a thin slice then gold should take off. NEM did a really smart thing buying in 2023, Newcrest. I consider last year the bottom of the gold miner stock bear market; but so far, the bear has continued.....NEM is cheaper easily than Barrick, both cheaper than AEM. Holding my nose buying the plunge...the longer term game plan is that Gold hits 2500 in 2.5 years and NEM is easily over 100.