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RE: "Physical" gold is for suckas....buy paper gold.... here's why.

in #gdx7 years ago

7/17/17 Update: I wanted to update this first thing today but that's when I got "cut off" for not handing out zeroes. I was going to say that the technicals on GDX look much better than SLV so it could continue to rally. That would lead me to believe the compooterized trading wizards would fall into panic along with the rest of the market. And that's what you would 'expect" to happen during a deflation. I have a HUI upside target of 203.609...to be eggzact. The fact that it's getting closer as GDX isn't doing all that well meakes me >>> Suspicious.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=hui&x=43&y=11&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

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