Another gold stock video for a Monday morning
This was recorded in pre-market. The video includes some of my holdings and at these accelerated prices amid generally relentless momentum, they are not recommendations at this time. I have been in a process of taking full (KGC) or partial (AEM) profits and re-seeding positions elsewhere.
But it is a real bull market and it does have much further to go (in my opinion) in the next couple years. That is because the macro-fundamentals back the view and it is only with the real fundamentals that the gold miners exhibit that famed leverage that many have long-since given up on.
When the first real correction does finally come, doing videos like this will be more rewarding and frankly, fun, because then it will be time to discuss buy future levels. Some of those videos will probably need to be NFTRH subscriber-only, since strategy and buying right is the key to success with a trade. At least when we are one day in the depths of a correction’s buy zones.
As for now, we just manage a massively bullish situation week-to-week and keep track of the situation. This video is just TA and some other thoughts that pop up. But in NFTRH we are currently watching the internal indications that currently say “still good” for a time when they flip and say “ruh roh…not so good”
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Construction noise in the back – Gary reinvesting PM profits.. :)
Yup, I shall not be distracted!