Just a quick note, despite the gap in NUGT and GLD/UGLD (as the market has been ruthlessly filling gaps the last 4-5 years), I have NO intention of letting go of either long position.
If I had calls on GDX with a gain, I'd probably take them and look for a new entry, as far as calls on GDX still in the red, so long as the calls are at least out to April (standard), I have no problem holding them.
NUGT is up 9.34% today, UGLD is up +2.26% thus far.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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