Gold + Gold Miners [HD]

228 views · Published 14 August 2013 · 11:30 · Indexed 28 September 2026

Channel: Eric Muathe · 2013 · Howto & Style

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EXECUTIVE SUMMARY; 

Again, we revisit the idea that the Gold Index and the Gold Mining stocks seem to be breaking down. 

We take a look at DZZ [$4.61] (again) with it's weekly buy point of $4.57 and a daily buy point of $4.61. DZZ is a 2X leveraged way to short the Gold metal index. 

Today we also look at a way to short the Gold miners by way of DUST [$41.95] which has weekly and daily buy points at $40.88 and $42.23 respectively.The fact that it's up almost 7% for the day should not scare anyone. Please remember that DUST is 3X leveraged ETF so you must use stops because of it's propensity to move fast.

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