Stop Loss reached at $20.6 and sold the rest of my position at $20.6 for a gain of +6.45%. As predicted, Gold and Gold miners sank after the Fed minutes revealed possible increases in rates once again, if they see the economy and inflation start to pick up again. Today’s Headlines: Inflation numbers came out … Continue reading April 10 – Inflation Finally Picking Up?
*I use leveraged gold miners etf ($NUGT) to gain short term exposure to the gold miners etf ($GDX). However keep in mind that the miners don't have a perfect 1 to 1 correlation with Gold prices.* Trade Update: Gold and Gold Miners surged today partly based on the report that China’s central bank continues to … Continue reading April 08 – Gold Breaks Through