Bullish on Gold Miners
DXY (Dollar Index) has turned down sharply, while GDX (Gold Miners ETF) has been exhibiting relative price strength for nearly 8 weeks (off of its 9/11 low at 17.28) despite a strong US Dollar that climbed 3.6% during the same timeframe.
Just imagine what The Miners might be capable of doing if Dollar headwinds turned to tailwinds! Our Model Portfolio is long NUGT (3 X Levered Gold Miners ETF) at 14.41...