rjchilia123

Gold Miners Going Up

Long
AMEX:GDX   VanEck Gold Miners ETF
My portfolio is GDX, GDXJ, Silver, Gold which have averaged a bit over 25% since jan 2019. Gold and Silver will outperform all asset classes through the next 3-5 years they have not outperformed everything in 2019 US tech has went up 49% and bitcoin 100% however this is going to change. Bitcoin is in slow longterm downtrend never going above 14k again, US stocks will get hit with massive bear market recession within 3-5 years. The portfolio has out permed bonds, foreign stocks, and real estate. But 3-5 years form now it will beat out everything.

TRENDS for next 3-5 years
Bonds are bad because of low interest rates and real inflation is 9%
Foreign stocks are undervalued in relation to US Stocks so they may be heading up
US. real estate according to zillow will get hit hard in 2020
Bitcoin headed down to 1k by the end of 2020
US stock bubble will pop 40 - 60% drop
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.