- The document discusses gold miners and whether investors should stick with their initial bullish view ("door") or switch views based on technical and fundamental signals. It argues the signals suggest switching to a more bearish view. - It notes gold stocks have recently declined despite gains in gold prices, mirroring previous bear market signals. This suggests gold stocks will continue weakening significantly in the coming weeks. - Junior gold miners are expected to decline the most as some investor interest has shifted to cryptocurrencies, worsening underperformance relative to senior gold miners if stock markets decline.