RE: GDX An Addition Tomorrow22 Sep 2025 10:35
To make new highs, you have to smash some old records.
Given in 2025 the economic conditions are a lot worst than 2008/09 then one can only expect Gold and Silver to carry on rising higher. Where else are you going to hold your money in a high inflation era??? S&P 500 \ FTSE100? = Too high, Property? = Too high and over taxed as the new cash cow, US Dollar = Lower Trust and weaponised, Treasury Bills \ gilts \ corporate bonds = High default risk and too low interest. I might a buy toilet paper which is a perfect store of value than fiat money\cash... Therefore, gold and silver is the only option despite it's recent rise and zero counterparty risk if you hold it physically yourself.
In addition, big business and governments (Shanghai Gold Exchange (SGE)) are going to open gold vaults around the world and allow gold warrants convertibility to physical gold at these vaults. Gold will restore back it's crown as the perfect store of wealth in the world again, it's only a matter of time.