MARKETS,Anybody even yet?

[dinghy]

Just before the open, I did 14 stinky bids on GDX and GDXJ, at ridiculously low prices. 9 of the 14 have now filled .

[wildman49]

ya panic sellers buy at the last hour of the day.

[wildman49]

Gold money looks to be moving to Bitcoin on a bit of a run

[dinghy]

ya panic sellers buy at the last hour of the day.

Above my pay grade.

So far today, I'm being drained of gold miner exposure faster than I can replenish it. If we can get a further flush into the final hour, I'm all in favor.

Yes, Bitcoin has gone vertical in the last very little while.

[wildman49]

Gold day low -230

[dinghy]

I really like AGI in the low 31s. This year it's been lagging GDX for no good reason, and today it's minus 11% (for no good reason).

[wildman49]

Fear & Greed Index fear 30

[olds442jetaway]

I want to get some AGI, but not till it hits about 28. No miners at the moment. Yeah, looks like the Gold bugs have bailed and bought Bitcoin. I may go broke, but I’ll never buy it. ( Bitcoin ). I think the Government has some ideas I don’t like about cash/ Bitcoin. . I do want to get some miners again, but I don’t think the dust has settled yet.

[wildman49]

could be some margin calls near 3p in the miners might be time then to move in

[dinghy]

Asymmetric risk is how I see the miners.

Obviously they're connected to the price of gold. But if gold merely farts around in the low 4000s, I think miners will do well because their cash flows and profitability have flown under the radar with most investors.

The two major GDX crashes occurred in late 2008 and early 2020. In those instances, the broad market was also declining sharply, so this is an unusual circumstance so far.