Gold Miners ETF (GDX)

[tootalljones]

my 2c not that it matters....had to sell this morning on the open. The commercials are usually right. They are short now. Remember, Gold moved from 1275 to 1550, a massive move in the gold currency market.....All the Kitco types are all promoting a pullback. I think we get one. Major support in POG 1455 or thereabouts. I think the odds are good we test it. This will bring GDX down another buck and a half, give or take. It is now 26.55....so 25 bucks is a good price give or take. A lot of shorts and scaremongers are saying we will see POG 1400. That will never happen. I will buy at 1455 and just hang on.