Posted by sonofrebel on 7th of Aug 2019 at 10:21 am
Gold is a small market - GLD has market cap of $40bn, about same
as either TGT or WDAY.
GDX is $10bn, GDXJ $5bn
According to MarketSmith, whole Mining Precious Metals group
has market cap of $172bn; about same as a couple of FANGs cash
balances
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GLD getting way overdone here
Posted by RP on 7th of Aug 2019 at 09:57 am
GLD getting way overdone here .......everyone piling in the trade now
RP - GLD moving in
Posted by steve on 7th of Aug 2019 at 10:00 am
RP - GLD moving in sync with TLT so continue to monitor (Gold Futures some pivot resistance around 1519)
yes agree but this a
Posted by RP on 7th of Aug 2019 at 10:02 am
yes agree but this a wave 5 how high who knows but getting itchy finger to short
Gold is a small market
Posted by sonofrebel on 7th of Aug 2019 at 10:21 am
Gold is a small market - GLD has market cap of $40bn, about same as either TGT or WDAY.
GDX is $10bn, GDXJ $5bn
According to MarketSmith, whole Mining Precious Metals group has market cap of $172bn; about same as a couple of FANGs cash balances