Looking at gold...

Liberty Star Uranium & Metals Corp.

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valuepro

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Looking at gold...

posted on Mar 19, 2024 04:23PM

The good news is that with gold poised to rally about 20% (from $2100 to $2400-$2600), the miners are likely poised for an 80%+ “surge to the stars!”

For a look at the GDX daily chart, please click here now. Double-click to enlarge. The chart is outrageously bullish and a few dovish words from Jay might be all it would take to launch the next move up.

Please click here now. Double-click to enlarge. This weekly BPGDM (gold stock sentiment) chart is arguably the most enticing chart in the world right now. The Stochastics oscillator is finally flashing a buy signal, and these signals tend to be followed by very strong rallies in the miners. The technical action seems to suggest that tomorrow’s FOMC statement will be just what the gold stock doctor has ordered… to thrill and enrich mine stock investors worldwide!