GOLDBUGS AMEX Goldbugs Index (GOLD)

[trunkmonk]

If gold does what i believe it WILL do. Miners will explode next year multiples of where they are now. Miners do best on the trailing half of a Major gold and silver bull run, which is happening this year. Silver first, Gold next, Miners last. Gold easily will be 7x to 10x from its lows in 2016. with reserves vanishing and no one noticing, the central banks are setting up for gold to cover all the debt they cannot pay off. it will be once in a lifetime for metals, but im afraid almost every other market but housing will drop up to 50%. some crypto will emulate gold for a bit, but its almost saturated now. the only reason it going up is someone, maybe even a Sovreign, is grabbing it since last year. the capitulation is close, but as things will turn out BTC and its close buddies will hold their own, there are way too many who will not sell, which will stabilize that market more than other. go figure, no real value but its eternally loved.