Target 30 and falls to 20 again, expecting a trading range. I will take profit and invest A shares in 2017. If stocks goes to new high with risk on sentiment then gold should trade lower to 1000 even lower which is in an expanding range.
I expected a surprising from FRB but they failed me. They're still cheating.
President Trump: "will make miners and auto-mobiles industry back to rail ( from off rail). Guys please, look at the volume ......
Now we focus on France election. The first round result could be the "petit Pont" (Le Pen) and the "Macron cake" (Macron). Then we go to the second round.
The North Korea nuclear 6th. test is still on, BTW.
This's big guys. Good for the miners and the auto-mobile industry.
Again, the China should have followed the USA to quit it because of USDCNY has very tight pegging range in a very long term yearly cycle. Or saying the China economic cycle is more like the USA economic cycle than the EU zone.
this is about stocks,
1, quit FANG, buy bank, industry, steel, miners too.
2, it's a culture revolution, split of high-tech sector and traditional sector is a political distribution from President Trump for balancing poor and rich in USA, apperently there's a split already and Trump's helping it "back to rail".
3, miners rising doesn't mean the gold and raw material price may rise, there's no such correlation and it's changing now.
BTW, I'm still hold A shares miners for longer, very fruitful cash returns.
I'm still suggesting bank, industry, steel, miners, now I'm adding basic chemical sector.
We wish investors have good luck here!
GDX is a miner... VANECK VECTORS GOLD MINERS ETF (AMEX:GDX)