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Dr. Kris
Gold miners looking attractive: $
GDX
, $
GDXJ
, & $
NUGT
(the 3x levered fund). Big volume on Sept14
NUGT
calls.
9/6/12
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Joelitch
:
SWC
- i saw your post on white metals, would that insinuate some strength in this company or any others?
ETF
........
I
'm Long
PPLT
.
9/6/12
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Dr. Kris
:
Sometimes a movement in the underlying metal is not accompanied by a corresponding move in the miner.
9/6/12
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Joelitch
:
SWC
$11.790.84 (7.67%) - wow, doing better than my
PPLT
?
9/7/12
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Dr. Kris
:
Yay!
9/7/12
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Joelitch
:
yes indeed, a follow up question, if the fed implements QE3, what are the consequences for precious metal prices? Thanks Doc!
9/7/12
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Dr. Kris
:
Probably go up as more easing could ultimately lead to higher inflation, a view shared by many economists.
9/7/12
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