MIDAS December Portfolio Update
Gold miners are earning fantastic profit margins in 2021 with gold in the $1,800 range. Their margins could rise further on the structural damage that’s being inflicted on the U.S. dollar by both Congress and the Fed. Since the gold market is tiny relative to the broader stock and bond markets, when these portfolio shifts are made, gold can rise very quickly on a small increase in demand. For now, Dan gives guidance on all the open positions in the portfolio.
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