Bob Moriarty: Understanding Gold Market Sentiment

Goldseek, Released on 5/9/24

Bob Moriarty reviews the latest market charts offering key insights on gold and silver junior-shares.

– The gold chart suggests price is consolidating enroute to higher prices amid a nascent bull.
– The junior miners in the GDXJ look wildly bullish.
– Bob outlines a bullish contrarian case for the precious metals and resource sectors.
– A close look at the XAU and HUI, PM’s shares indexes.
– Bob suggests investing in a wide array of mining shares, at least a dozen, for safety.
– Will the gold mining sector soar 3x? We review previous bull moves with startling similarities.
– Bob views investor skepticism as a strongly bullish case for the PMs sector.
– A family member who 7x’ed with silver bullion in the last rally.

Bob Moriarty is the founder of 321gold.com, a popular website which features articles, editorial opinions, pricing figures and updates on current events affecting precious metals. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 international aviation records. He is the author of Nobody Knows Anything and Basic Investing in Resource Stocks.

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