Bullish on DUST
In a recent post (“ETF Walkabout”) Tim mentioned he was bullish on the 3x inverse gold miners ETF DUST, due to its chart indicating a quadruple bottom:
A Hedge for DUST Bulls
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Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Miners Might Get DUSTed
Miner have had a terrific lift since September 30, a 12% ascent in just four sessions. I would respectfully point you to the DUST graph, however (the triple-bearish-on-miners ETF) which is looking like it might be ready for a bounce. Adjunct to this, GLD is looking like it’s losing steam.
Gold vs…
By Biiwii
Note: Well, a normal post became embittered and vitriolic by the end. What better place to post it than SoH, a renowned bullshit-free zone?
Note: Hey, go check out the new NFTRH.com. I think it’s pretty cool.
An update on Gold vs. stock markets, as at yesterday’s close. These charts have improved today, but there is still no conclusive change in trend in gold vs. stock markets. There could be some short-term chop if for example, SPX decides to rise again (I am not necessarily buying – or should I say selling? – today’s post-FOMC drop, though I have started to position that way, while holding a few longs that are doing just fine today) to the upside target of 2040 +/-.
[confusing language alert: the above attempts to say that I still hold a few longs but started shorting the market on yesterday’s post-FOMC hysterics] (more…)
