Thanks gj. I'm a little bit torn at the moment because while gold has had a good reversal (accompanied by DXY falling below the 'breakout' level at 95), the gold stock charts still look fairly weak.
Like I said in the video, this period reminds me of late 2016 when there was the big selloff in gold stocks post Trump. This time the gold stocks have sold off on company fundamentals more than the gold price (whereas 2016 it was all gold price).
The market is not going to reward these companies for consistent production performance and profitability, that is now expected The narrative has changed to 'where's the growth' and many of them don't have any near term growth and have slightly rising cost profiles.
So I'm not jumping in head first in to many of these stocks. Just looking at calculated opportunities where the pullback has been sufficient.
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