Precious Metals

I think I'd prefer to buy these (the stocks) in a leveraged ETF like UGL or DGP(gold leveraged 2x) and silver AGQ- 2x leveraged.

I do believe these both could pullback intraday and a natural stop (I prefer a little below recent lows) is right there.

I think a partial position here, leaving room to add makes sense. Perhaps 50% of a normal position, but you may want to consider combining gold and silver and treating them like 1 position for the purposes of risk management as they have a decent correlation. I prefer leveraged ETFs because I think this is more along the lines of a swing trade, but because timing is a little questionable (possible pullback) I prefer not to use options.

Charts are coming, but I wanted to get this out.