The past few days GLD and GDX have shown some positive signals, I believe both will bounce shortly, I'll be entering a trading position in NUGT long (3x long Gold Miners).
I think GLD will bounce here as well, I just don't like the leveraged ETFs for GLD and this isn't the type of call set-up that I look for.
Is interest rates about to start going up?
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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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