Dec. 26 at 1:27 AM
$GROY $AU $HMY $IAG Gold miners are now running 24 hours a day 7 day a week producing gold at a record high price. Gold has been pumped up to a new high. I am expecting gold priced to go back down 30% to
$3000 levels in the few months on over supply. They are plumping gold at record levels to drive the price up but the gold miner are not dumb and they are working 24 hour a day 7 days a week to capitalize on selling gold at a record high price. This gold boom bubble will collapse and will end with over production of gold and gold will go back down to
$3000 here shortly. If you are long on gold for 10-20 years it will go back up but just realize that as long as there is profit to be made the gold miners will continue 24hour 7 day a week production to capitalize on the gold boom. This is why I have hedged all my gold investment with a short 3x bear Etf stock to protect my investment. Right now Dull 3x bear stock is at a record low. Buy 1 shares to 3 shares of gold longs stocks
