littleriver

"Golden Nuggets", a look at NUGT and the underlying commodity.

COMEX:GC1!   Gold Futures
2
This chart is comparison of gold and the ETF NUGT . I would like to thank JR again for pointing this play out. I went back and compared the last bull run in gold . I have highlighted many of the big green candle days in gold and the corresponding day in NUGT . What i thought was intriguing is the bounce in NUGT often did not occur until the following day. Infact, it was down many of the green candle days in gold . The great thing about this is it allows investors the opportunity to take little or no risk while reaping all the rewards. As I understand it, this is a leveraged ETF and will be having a 5 for 1 split on April 1. When that bull run in gold occurs, this looks to be an investor friendly play.
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