Today's as good a day as ever to post & pin my targets to my profile, so here we go. My timeline is Aug-Sept:
#Gold-2300
#Silver-50
$GDX-45-50
$GDXJ-80
$SILJ-32
From Lows:
Gold Majors up ~75%
Gold Jrs up ~75-100%
Silver Majors up ~100-150%
Silver Jrs (GV Sitfolios) up ~150-200%
#Gold-2300
#Silver-50
$GDX-45-50
$GDXJ-80
$SILJ-32
From Lows:
Gold Majors up ~75%
Gold Jrs up ~75-100%
Silver Majors up ~100-150%
Silver Jrs (GV Sitfolios) up ~150-200%
I'll add a few specifics. Gold: $NEM 90-120 $ABX 32 $AUY 9-10 $SSRM 25-30 $FNV 180-200 $RGLD 160-175 $SAND 13 $IAG 6-7 $HMY 9-10 $WPM 65-75
Silver: $AG 35-46 $CDE 18-25 $HL 13-18 $MAG 30-35 $SILV 17 $PAAS 60-75 $AXU 5 $ASM 2-2.84 $FSM 14 $EXK 10-13
Silver: $AG 35-46 $CDE 18-25 $HL 13-18 $MAG 30-35 $SILV 17 $PAAS 60-75 $AXU 5 $ASM 2-2.84 $FSM 14 $EXK 10-13
Wider range on the silver miners because there is a very good chance silver stops short of 50, ~44ish, as people don't want to miss selling it like they did 10 yrs ago, or momentum algos go nuts & we overshoot a lot. It's going to be VERY difficult to time & sell the high.
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