Your argument was closely related to the "cash on the sidelines" fallacy. I guess you were a bit stressed yesterday after interaction with your broker.
Ray of hope: gdxj:gdx is raising, now for several days, in December it bottomed together with these indexes.
On the other hand situation with real interest rates looks awful - 5 year tips at 0.67, highest since 2011
RSG weekly chart, page-274
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Last
77.5¢ |
Change
0.015(1.97%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.5¢ | 74.3¢ | $11.82M | 15.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36910 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 416947 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |