Gold Miners Dislocation

11 Mar 2020

I have no idea why Gold Miners are being destroyed right now. They should not be highly impacted by Corona Virus. Oil prices are low( low costs for extraction ). Gold prices are high( high profits and dividends ) and on an upward trajectory with central banks printing money. I fully expect gold miners to pop violently once the dust settles in this broad market sell off. Gold Miners are finding themselves as the baby tossed out in the bathwater. Perhaps they are being dragged down by being part of materials sector ETFs? Damn Algos! I wish the SEC would look into Algo trading price manipulation. But hey, it's creating an opportunity for you to get gold miners on the cheap.