If I had to buy something here other than TZA, it would be something of the gold variety. Let’s take a look at a 30 min chart of Gold /GC:
Today we saw a breakout with some decent volume, one that looks to be just getting started.I’m currently long $EXK (silver), which is also having a decent day, but looking for more opportunities in GOLD.
[youtube:http://www.youtube.com/watch?v=mpHezCd1ZnM 450 300]If you enjoy the content at iBankCoin, please follow us on Twitter
ANV may be the gold trade you are looking for
SAND .. gold to cash money machine .. little to no drawbacks ( earnings downbeat surprise ) .. .. just closed the gap .. go up as a multiplier of gold price .. go up as well with indexes ..
i forgot : not risky in a rally environment , and close +10% target up feasible
I like SAND
Who’s gonna run this town tonight?