Gold & Gold Miners

I've mentioned I like Gold long, I even like Silver which I usually hate due to the years of manipulation and I like Gold miners (GDX) or the 3x leveraged long gold miners, NUGT.

I'm going to put out a Gold/GLD post with both GLD and futures as well as cover GDX, but I wanted to give you a heads up so you can take a look for yourself.

I am seeing these as longer duration positions, swing, maybe longer.

I'll have charts for both out. Because I have NUGT exposure I'll probably not add gold, it's just a matter of risk management and having two assets that are so closely correlated.