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Market Vectors Gold Miners ETF Message Board

  • booleansearcher booleansearcher May 18, 2013 11:05 PM Flag

    took a small position on Friday - next move UP is

    coming and is why Soro's took his position - everyone knows that the next move up is massive - miners will go up huge. So shorts you are now up against the clock and me. I give it one week tops. Boolean

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    • We'll see bounces for certain, but when and how much is unknown. Unless gold goes back up, these depressed prices could last a while, though. Sentiment is around absolute zero for GDX and the crushing sell-off sets up reflex bounces if nothind else. Bought a few shares Friday of this downhill racer.

      • 1 Reply to gordonfan4life2
      • Now all you read is the death of the gold run but these people are commentators and not solid investors so they have no idea. The Aden sisters also are watching closely and it has been there belief as well that gold will go much higher. The sell off is not death it is reconfiguration time. That said I would hope that this week we see the end of this move. I bought nugt as well on Friday. I am more than happy to be on the side of Soros and hopefully the Aden sisters. You should try their 3 month trial during this turbulent time

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