miners continued to collapse as gold
continued to sell. Investors are running for the hills, I am stepping up and buying heavily. I just bought a large chunk of $NUGT (3x Long ETF Gold
Miners). Why? Because there was a master support level
tagged today on the $GDX ( Gold
) at $22.75. There will be a large bounce off this price point, most likely coinciding with the Non Farm Payrolls Report tomorrow morning at 8:30am ET. I plan to hold this for a few days and sell into a pop. Minimally I am looking for about 10% profit in just days.