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I'm too wish gold will hit $1,400 but it doesn't seem that way right now. Hopefully next month it will do it.
so does VGZ actually mining gold right now or is it just working on building a mine?
What is a c stick
Lol, yeah f**k dilution in ETF. Does that mean if the retire half of the share that 3x will become 6x? Lol
Well, to me it seems like it is going to dip again as it has been doing for the the past couple of months. I'm thinking 0.8 since now gold is slowly coming back up.
Just read it, second mine is not in operation yet.
In their Q2 financial report? I need to re read that bc I remember it said late q3 or q4.
R they mining the second mine?
U should buy some nugt.
How does that 22.67 look now.
It is? How come there wasn't any announcement or did I miss something.
When is the second mine going to up and running. Early Q4?
I'm going to trade nugt/dust only on monday as that's the only day I can be Infront of my pc.
Good thing I didn't buy dust yesterday like someone told me to.
I'll get back in once gold closes above 100 sma.
Yeah and gold went down today and will probably for the next few days too.
Well I'm out @ 0.95-0.96. Waiting for the dip. Maybe 0.75.
I think most ppl r waiting for it to get to that line just like me.
I'm not Infront of pc either. Should be around $0.82
Is it true that THM has a 16 million ounce mine waiting to be mined? Sounds too good to be true for me.
200 daily moving average, it's a major support. See if it can bounce off that first then buy some. If it goes below that, just wait on the sideline and watch the bloodbath.
I'm going to trade these ETFs with paper money for learning bc I don't know which way gold is going right now. $1340 is the line imo.
Buy some at 200dma
maybe but i'm going to wait for a week just to make sure.
I don't think it's a good time to buy any of them. Not sure which way gold will go. I don't have dry powder anyway.
not a good day.
It's 1373 now, hope London will bring it back up.
i don't think it will go below 1380 now.
or i will have sell nugt...
GDM better not act like what it did on friday.
Anyone knows what time gold starts to trade again in Asia? Convert that time to us EDT would be great.
Why is it possible for ETF to have bid and ask if its depends on the gdm index. What if gdm goes up but no one is bidding on nugt for whatever reason then nugt will remains flat.
This is bit too complicated for me right now. I'll just stick with my current path until i get more xp. Thanx.
How much money do u have to day trade ETFs if u don't mind me asking. Do u think 27k is ok for swing trade etf bc I can't be Infront of my pc at all time. Right now I'm only using 9k in nugt (lost 500 already) while the rest in baa, a junior gold mining stock.
Shorting is not possible for me. I only have 27k to play, cash account too.
Why short 3x EFT? why not go to dust whether than shorting nugt. Shorting will eventually break someone imo.
Gold shortage = up in gold price.
Well, Comex is start to run out of gold so gold price should go up and so will BAA. MACD shows buillish divergence too.
so people say that comex's gold inventory is very low will this causes gold to go up more?