RE: Back in again a year or so later.21 Mar 2024 10:33
Looking much better after Fed comments on a couple interest rate reductions this year.
The GDX is way below the high of 2012 when Gold hit $1800. It’s still decently below the high when Gold hit $2000 in 2020 .. granted these are different times with inflation and dollar strength, higher costs for miners. But, Gold miners within this index will be reporting far higher numbers in 6 to 12 month if Gold price stays up here or higher. Good medium term to long term place for some cash.