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I think gold noticed I said it always failed and decided, “Oh, YEAH?” As I’ve persistently said, I want gold to thrive. I’ve got a bunch of the stuff in a safe, and I think there is no better jab in the eyeball to Powell than for precious metals to soar. So this is cool:
Next goal is for GLD to push past its price gap; that’s an important test.
Miners, as seen with GDX, has already accomplished this task.
The very long-term picture is still plausibly uber-bullish: