Stock Market Top is Very Bullish for Gold & Gold Miners

[@denniscarter297]

Thanks Jordan for having Gary T, one of your very best podcasts in recent memory.

[@TheDailyGold]

Thank you for the feedback Dennis!

[@Eric_Blair]

Love it. Gary is a mild-mannered individual who seems very humble but wise and knowledgeable. Great discussion. The typical gold miner investor has either sold his positions looking for greener fields or is beat to hell, bleeding over the last decade. Hopefully that's a contrarian indicator.

[@wendahe]

Patience is wearing thin is understatement.

[@annaweiers2947]

Happy New Year gold bugs🥳

[@TheDailyGold]

Happy 2025! 🥳

[@williewest5574]

Looks like a Musicman bass

[@williewest5574]

Maybe a 6 string

[@garynftrh2491]

Sterling by Music Man (4 string). I only recently took up bass, so I don't deserve a higher end bass yet. :-)

[@williewest5574]

@garynftrh2491 bought an active pickup shelter bass some years back, not made anymore but looks like a copy of a Rickenbacker, but normally play 6 string lead and rythm........don't play much as wife has stage 4 cancer and requires a lot of time and I have become a retired house husband

[@arealamericanpatriot1227]

This guy is sensible. Not really pushing anything. He's believable. When the market goes down so will gold. Do not buy gold until the market bottoms.

[@garynftrh2491]

Thanks. I think that gold will bottom possibly well before the stock market does. If I am right, gold is leading that now. Later, I think stocks can explore a deeper bear while gold at least stabilizes, if not rises.

[@jerryantonies5334]

Gold prices have nothing to do with the stock market ( which is manipulated to make you think everything is ok) buy gold little by little creating a avg.

[@trevordowney6425]

Curious why Gary is short silver right now when you're both talking about the bullish setup. Guess he thinks we're still not at the bottom yet...?

[@pwang01]

Industrial metal? Recession would push it down?

[@trevordowney6425]

@@pwang01 It's already been pushed down quite a bit from it's high. Appears to be bottoming now. Not sure how much further they can push it.

[@goldismoney5899]

Anyone that shorts Silver is not the friend of sound money. They are a "trader" and prioritize $$$ over morality.

[@garynftrh2491]

@@goldismoney5899 I don't get emotional about it and you're right, I am not a "friend" of anything. I am a market participant. I've held gold for over 2 decades and am still not a friend of it. It is simply long-term value in a system gone mad. Silver? It'll get played again and I intend to be long that play. These are the financial markets and there are no friends. Especially those hopping people up on dogma and ideology.

[@garynftrh2491]

A) Chart pattern, B) more industrial and cyclical qualities than gold and C) as an indirect hedge to the core gold stocks I still hold. The way I am made up, I cannot ride gold stocks or silver down while sector pumpers tell me to hang in there. What I can do is take profits when the macro is not fully baked and the sector is starting a correction from overbought/over-bullish, and then be a strong buyer when the time is right. There is nothing more gratifying than buying low, especially in this sector.

[@vemmaguy1977]

Are mining stocks actually going to make a move the next time the Metals make a move up? These mining stocks are trash while the Metals have made incredible gains over 2024!

[@Hawka-Loogy]

Gold tracks stocks in a correction or crash

[@garynftrh2491]

Gold tends to lead stocks by correcting first and bottoming first.

[@WayneChechotko]

This statement is inaccurate. Gold will sell off in a crash scenario but rebounds strongly within weeks if you look back historically. Given the geopolitical issues, debt spiral and banking / interest rate crisis I wouldn’t expect gold to go much lower and central banks will be buying all the dips.

[@kulinboda7621]

Law less again Gary

[@capnceltblood5347]

I been hearing the talking heads for years say that the miners are leveraged to PM. But really I have never seen it. Not saying it has never ever happened just I haven't seen it. Even during the COVID bounce back the miners did go up but no real leverage over the PM. There might have been a few outliers but as a whole I just didn't see it. And with this fellows X page is there a fee for following on X? I followed him twice and got unfollowed both times.

[@garynftrh2491]

The miners ARE leveraged to gold. Absolutely. But in a cyclical/bubble macro that leverage works AGAINST the miners. That's why they've sucked so bad, on balance. If we are changing the macro to counter-cyclical, that is the main reason to favor gold stocks.