38 replies to this topic

[senorBS]

some perspective on the recent few week "miner crash", the HUI has fallen from 153 area on July 6 to 111 today 27.5%, gold has fallen from 1170 to 1090 - 6.8% Senor

Edited by senorBS, 23 July 2015 - 01:21 PM.

[tradesurfer]

get ready for 41.61 on the XAU folks.... it may be a very fast print.... and superb buy

[goldfungus]

get ready for 41.61 on the XAU folks.... it may be a very fast print.... and superb buy

Have you picked an etf to exploit this? Thanks.

[tradesurfer]

get ready for 41.61 on the XAU folks.... it may be a very fast print.... and superb buy

Have you picked an etf to exploit this? Thanks.

Well I prefer rocket fuel instead of gasoline

So for me JNUG OR NUGT

the traditional way is GDX

[goldfungus]

get ready for 41.61 on the XAU folks.... it may be a very fast print.... and superb buy

Have you picked an etf to exploit this? Thanks.

Well I prefer rocket fuel instead of gasoline

So for me JNUG OR NUGT

the traditional way is GDX

Thanks. Agreed. I always trade NUGT for that reason. Does that XAU 41 equal 3ish on NUGT?

[risk_management]

get ready for 41.61 on the XAU folks.... it may be a very fast print.... and superb buy

I think you are right.

[tradesurfer]

I have no clue what the equivalent price will be All you have to do is watch and wait for the 41.61 print and then act on nugt at that time Don't forget to put a stop and it is likely to be stopped out a few times

[senorBS]

today was the first time I ever saw the HUI, if you move the decimal pt one to the right, trade below the value of gold Senor

[senorBS]

helluva reversal day so far as gold is now above 1100 level and miners just might begin to release that hugely submerged beach ball, what an end to the week and the day is not over Senor

[risk_management]

41.61 still in play.