Folks, we are now moving into the supply vaccuum…shortage of stock.
Using GDXJ as an example But remember we are professionals and we don’t trade these ETFs. Hand Picked Miners with the greatest upside potential is what Spock’s Rocks are all about.
GDXJ is typical of the supply vaccuum we have now entered. Refer below chart. Many of the stocks in the portfolio have moved into supply vaccuums also.
The sellers have already sold. Buyers will have to bid up prices to get stock. Strong hands like us, are not selling. We demand higher prices for taking the risks of getting in early when everybody was skeptical.
Nothing has changed and my GDXJ target remains at 45 by mid to late May. XGD.T target 17 by then.
Sit tight. Hold onto the saddle. Its the hardest thing to do, I know.