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Dang who would have thought the down market would take gold with it?
I will guess NUGT closes today around 38.50. Goooooooo nuggie!
It won't even hit 36.82 they break the news about Puerto Rico possibly turning into a Greece and couldn't wait to break that news till after close but instead let it out now and as a result the market takes a big dive.
I predict a 36.82 close.
Gold is edging up NUGT will close around 33.50.
Gold is edging up NUGT will close around 33.50.
Well as I said a few days back gold resistance is in the 1245-6 area ,as of late and if it can get over that then look out above. Even after it did get over the 1245.00 and rose to the 1254-5 range it was ready to shoot until the knuckleheads had to preach taper no mater what the stock market does. The point is even after they scared the market with their BS, pertaining to tapering their funny money that as we all know allows gold to drop, gold still came back to the resistence of 1245.00. IMHO I still believe gold will push back up to the 1260-1270 range in the not to far future. When it gets to that point I see NUGT in the 36-39 range at which time I will take half my money from there and hedge with DUST. GLTY
37 is my break even point and if it gets there I say hold because it will go higher IMHO. I guarantee if I sold at 37 and got my money back it will then push higher and I would be kicken myself.
Ever notice this quack gldtimer always shows up when gold rises as well as NUGT? If ya have nothing good to say about NUGT and continue to ridicule it go visit the idiots on CNBC you wuill fit in quite well with them.
Gold is hitting back on resistance of 1245-1246 if she breaks through look out above.
Very good possibility as now the "taper" is back on the table........yes instead of cutting back they could add to it. If that scenario would occur gold marches back up.
Gold goes down NUGT goes down gold goes up NUGT goes down gold flat NUGT goes down...........time to swith to DUST.
Amen Merry Christmas everyone!
Right and just look at the dollar. It goin down bay-beeeeeee!
It's all good news ffs! They not tapering till next month just as we already knew that, they still gonna need more green ink to keep the presses running and even when they take off 10
billion they still gonna print 75B! Up up and away with gold!
Highly doubt gold is 1400 at end of December...........it will be lucky to be @1200.
New gold mines in South Africa being put back into production. Watch NUGT regain lost ground bigtime.
SPLAT? It came back stronger than a bull are you kidding? Gold came back some $20 buck be happy ffs.
Iranian oil has nothing to do with it. That won't hit the market for months. Dam you guys are some nervous nellies.
I'm not thinking that, actually it is rising a little bit. The dollar is dropping like a rock.
As long as the talking heads spew out that there will be a taper in December gold will drop like a rock. These morons are paid to scare the market and as they do scoop up as much as you can. JMHO
Let's hope so and I will double down on that! Hey I can dream can't I? lol
Yea ABX and GDX rocking!
YOU WISH. RARE OCCURANCE GOLD AND THE DOLLAR RIDING UP TOGETHER WEEEEEEE! ALWAYS WATCH THAT BUCK.
BS I just keep buying more and thank you very much.
Market is telling you right now what it is anticiapating what the Fed will do. They will talk about tapering but I highly doubt they will initiate any till maybe Dec. Gold is going down as I speak the dollar is getting stronger. Look for NUGT to fall into the 52-53 range.
Right and what happens if ole helicopter Ben decides to kick the taper in? Even if he says not now but next month watch what gold does. Look out below! Sorry I don't trust these manipulating fookers. They have done it before and they will do it again.
Yea was a classic bear trap today. NUGT will be 54 or less before day is done. Picked up some DUST @ 25.40.
Well that is where it is right now. It is on hold and it is immenent that they will do it. Gold has gone up. The trick is when they infact do the taper. Then gold will drop like a rock.
When there are talks of "tapering" and when it starts to happen gold will drop like a rock. I tend to think they will not taper until maybe first of year but who knows what those crooks will do. Assume nothing and expect everything.
You probably won't see gold fall until the middle of December end of December and it might fall in the range of 1200. Until then ride the pony.
Not recommended to buy a falling knife. I wouldn't touch NUGT till it gets belowe 40.00. I like my new pony Dusty though.
Exactly and today when NUGT stayed at resistence for over 2hrs and couldn't break it I decided to take the money and run. The gold market is not running like it has in the past in that it is being manipulated by Obama and company. Only reason it ran today was the employment numbers were not as high as anticipated that was basically old news and the talk about the continuing of no taper till sometime next year which in my estimation is bs. Problem is with the govt shut down the numbers about the economy will not really be in line untill maybe some time next month so the information coming out can't be trusted. NUGT can fall just as fast as it can rise and with it tanked just a few days ago and come back I was glad I made it out with a profit. Instead of it coming from 37.83 to todays high of 55.14 it should of run from the 50 range to the mid 60's but thanks to the bs that happened back on Oct 11 we were thrown a curve ball that nobody ever expected. If it falls back I may pick more up but I had to get out of that high position. If DUST gets down in the 20 range I might play that pony it really depends on what they going to do with the price of gold. This yo-yo crap is to uncertain for large amounts of cash laying on the line. GLTY and remember don't be greedy.
I sold total NUGT position 1000@ 55.00 for 20%. Now we will wait and see how DUST settles in next few days, no pun inteneded lol, and ride that pony.
Any guess were NUGT might go up to today?
Well with gold just spiking to 1329.80 I am glad I have my nuggie.
DATS THE FACT JACKS! This a battle ground trust me!. I'm sittin here withe 1000 shares I know all about it.
You are exactly right. Never hold an ETF longterm. Never leave money on the table because they will scoop it up. DON'T BE GREEDY of you will end up needy!
NO SHEET!1304.70 wow! We gonna rock today just as I have been saying. Similar to the no taper news. Keep fillin the punch bowl bay-beeeeeeee!
Absolutely and Fitch just put U.S. credit rating on negative watch for not timely raising the debt ceiling still maintaining AAA rating until further notice. I bet the person that had that 30k buy AH lastnight @ 39.07 is enjoying his new Mercedes lol. It will not surprise that these idiots will do a technical default come 10/17/13 and in all probability will.