Gold miners $GDX and other materials
Posted: Apr 01, 2024
- Gold at all-time high, miners like GDX and GDXJ lagging behind - Entry point now good for shares or calls on GDX or GDXJ - Copper prices rising as well - Bullish on miners earnings reports and guidance due to gold price rise - Material demand expected to increase, potentially an AI play - Considering other mining companies for upside potential - Downside risk if rates stay high, affecting profits due to debt
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