I think gold’s flirtation with $1400 is drawing to a close, and we will soon join the great asset swell. I am thinking about a small “opener” in NUGT. I’m of the mind we will proceed to $20 with long due haste, where many gaps will be filled, to much rejoicing.
Then we will rest.
The nice thing is that we could get knocked back to $10 before the morning even starts, but that would be an even better launch pad. Play with stops at the lows. That is all.
And yes, even the dogs will have their day here soon, but why not start with the more quality stuff? RGLD, SLW and AUY, along with the dividend bearers (NEM and AEM my favorites).
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