![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, November 02, 2019 12:33:54 PM
Holding physical metals is much different than a 3X etf.
Also, the inherent world volatility makes trading etf's much more profitable than just holding.
In conclusion: A trader in NUGT or the other ETF's you listed will do just fine as gold rises and historically better than just the buy and holder.
You are making assertions that data doesn't back up. For example, a scalper need not know or predict the news. A realtime usage of short time frame charts will tell what is and how long to stick with what is in realtime.
Secondly, the move to gold 1900 and even above will not be without dips even significant down periods. Those can be used to increase gains and preserve previous profits. It is the power of compound increase vs simple.
Thirdly, there are retirement accounts that you can trade in that can use withdrawals to minimize taxation. You also have no data proof that the gains from scalping are 10-20%, when you don't include the #$ of trades and cumulative gains.
Fourthly, scalping is only what is on the chart. It doesn't matter what someone posited the cause of the up or down to be. If the government wants what you have they will get it including gold. This is still in effect,
"Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States".
The purpose of this board is to discuss buying and selling NUGT not to create an audience for you to put forth your political thoughts what ever they are. Even if readers are in agreement.
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM