This is a short term and very speculative trade, it's a play on a GDX/NUGT pullback and will be treated as speculative, if signals and conditions improve I will add to it, but for now it will be half the normal full position.
This is not a trade for anyone who has trouble taking a loss or holds on to stocks waiting for them to come back, if DUST goes against you, it very likely is not going to come back for perhaps years, so you'll have to be able to pull the trigger on a stop.
As I said, for now, I'm going with a half size position. JDST (3x short Junior Gold Miners) should work too, it's more volatile, but volume is significantly less as well.
Charts to follow...
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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