I'm going to go ahead and enter a half size trading position in NUGT 3x long gold miners, GDX is the underlying asset. I'm leaving room in case there's some more downside, but the signals continue to improve here and I think whether it's a day or a week, NUGT and GDX are going to fire and on primary trends, not swing so I'm going to go ahead with some exposure to the asset.
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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