In today’s briefing:
- Gold Miners: Refuge From the YOLO and FOMO Frenzy
Gold Miners: Refuge From the YOLO and FOMO Frenzy
- If you are concerned about the YOLO and FOMO frenzy in the stock market, you may wish to consider gold and gold mining stocks as refuges.
- The technical pattern for gold is constructive, but not unabashedly bullish.
- Gold miners appear to be washed out against gold and present the best opportunity for gains in the next 6–12 months.