From £7.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £7.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Video: GDX Weakness Signaling StockMarket Crash

By Tom Winnifrith | Sunday 14 February 2021


 


Money Manager Steven Van Metre admits that his macro thesis can be wrong in the short to intermediate-term but believes it will play out as interest rates collapse to zero. Those that are bullish on gold miners should also be bullish on bonds. He expects the GDX to fall and explains the relationship between it and the TLT. He believes bonds will rally, GDX will drop much lower, and then he can flip his portfolio into the junior miners. And falling mining equities often are a leading indicator of a coming liquidity event and a move lower by the broader equities.

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

AAU

Gold up Ariana down

Saturday »

AVCT

Cassava, A warning to Avacta Sharehoders 

Friday »

ALU

Alumasc Group – a growth Buy

 

VCP

Victoria - The roll up unravels

 

HEMO

Hemogenyx is a short – target 0p

 

ECR

ECR, the timing is unfortunate

Time left: 07:58:22