周一时，Schiff 还提到，黄金价格已连续两日的收盘价突破 2500 美元，许多金矿股创下 52 周新高。他自信地表示，“大牛市的舞台已经准备好”，并预测说贵金属采矿产业不仅在今年的剩余时间内，还在未来十年内会成为表现最好的行业。
With the soaring price of gold, economist and gold advocate Peter Schiff posted on social media platform X, saying: "Golden shareholders overlook an important point, that is, gold prices do not have to continue to rise to drive up gold mining stocks." He further points out that even if the gold price remains at its current level, gold mining stocks will still rise significantly. Schiff believes that the gold price will not stay at the current level, which will make gold stocks a "sweet spot" in the eyes of large investors.
The trading price of gold has reached a new all-time high, exceeding $2,530. This has led to VanEck's Gold Miners ETF (a influential precious metals ETF) hitting a new 52-week high and breaking the previous all-time high set over a month ago. Schiff observed that the Vaneck Junior Gold Miners ETF (GDXJ), which focuses on small gold mining companies, still needs to rise 1.8% to reach a new 52-week high. Despite such splendid performance, most stock investors remain skeptical about the future upward trend of these stocks.
VanEck's Gold Miners ETF (GDX) is a stock fund that serves as an important benchmark for gold mining stocks and is commonly used to track the performance of medium to large gold mining companies. On the other hand, Vaneck Junior Gold Miners ETF (GDXJ) focuses on smaller junior gold mining companies.
On Monday, Schiff also mentioned that the closing price of gold has exceeded $2,500 for two consecutive days, and many gold mining stocks have reached a new 52-week high. He confidently stated that "the stage is set for a big bull market" and predicted that the precious metal mining industry will not only perform well for the rest of this year, but also for the next ten years.
On Tuesday, Schiff stated that investors need to pay attention to the declining US dollar index, as the price of gold reaches a new all-time high and the US dollar index hits a 7-month low. He warned that these market signals indicate that the Federal Reserve may make a major policy mistake by cutting interest rates too early, which could be the latest one among many policy mistakes but could lead to a market collapse.
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or official views of FameEX.
