For the ETF Trading Service I run, we have been long JNUG and NUGT for a few days, catching the early trend, and we got out today partial shares with an over a 14% profit on JNUG and a 10% profit on NUGT. Gold itself with silver didn’t make a huge move and the dollar was actually higher.
Right now I am neutral on gold and markets until I get that China data.
You know the dollar will come into play again, probably immediately.
Short report today. Cubs game coming on.
Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
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