No fireworks after the FOMC announcement means the upward trend in POG remains. The eerie trading "silence" you see in NUGT is the result of shorts refusing to give in. This too will pass. The jig is up.
Sentiment: Strong Buy
The stage is set for inflation of 10-20% within 18-24 months. You can't print 85 billion a month without it showing up down the road. I am very bullish on gold.
I just hope the gold/silver run up will have an influence on the price of NUGT.
I am very bullish on gold and the miners. My favorite trade is to go long NUGT!