I'm glad I held NUGT (GDX-Gold miners 3x long ETF) and opened a 3x long gold ETF yesterday, both are looking good and both still look like they are under their head fake areas so while I wouldn't want to chase them, I do think overall they are in a decent area. I'll try to get some charts up soon, it seems like a lot of things are starting to happen at once.
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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