You are currently viewing Gold miners are breaking out. If gold upside is more than 100% what do you think gold miner upside is?!

Gold miners are breaking out. If gold upside is more than 100% what do you think gold miner upside is?!

Bank of America has a price target of USD 3000 on gold. This is more than 100% on the recent bottom of USD 1490. If the gold price is going up, how do you think the gold miners will do? The answer is STRATOSPHERICALLY.

For narrative and insights, check out the charts below which show:
XAU/USD: Gold physical spot price
GDX: Gold Senior Producers ETF
GDXJ: Gold Junior Miners ETF
DXY: US Dollar Index
EVN: Australia’s lowest cost gold producer
NST: Australia’s next major gold producer
SAR: Australia’s emerging gold star
RED: Australia’s gold penny stock and future star performer

Read more about BoA’s price hike here

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Gold Miners head up as gold goes up

Learn Financial Analysis and Investment

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  • Get this AWESOME training course from Chris Haroun
  • Chris is a former Goldman Sachs investment banker
  • Chris’s training is easy to understand and fast to learn
  • Often featured on Bloomberg and CNBC
  • Normal price USD 200… Now USD 10.99 (94% OFF!)

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https://stacksocial.com/sales/the-complete-financial-analyst-training-investing-course?aid=a-krppb748

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