Stocks

“DUST Jumps 28% in Just One Month as Gold Miners Sink”

“DUST surged 28% in a month, but daily-reset leverage decay has wiped out 96% of its value over five years, making it a tactical tool only.

GDX dropped 13% this month while Agnico Eagle fell 17%, both sitting on massive multi-year gains that made profit-taking almost inevitable…

Gold mining stocks have cooled off hard over the past month after a spectacular multi-year run, and one of the loudest signals of that reversal is showing up in a niche corner of the ETF market…”

https://finance.yahoo.com/markets/commodities/articles/dust-jumps-28-just-one-164404006.html

When the markets crash or has a hard correction gold is going to drop as well. Why? People, Investors, corporations, and institutions with liquidity issues will have to draw from their reserves during a time of crisis. That’s why sometimes it better to have cash while other times it better to have gold. It depends on the situation.

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