In last week’s newsletter, we discussed our current GDXJ trade, and warned of the upcoming volatility that usually accompanies the Fed’s press release regarding interest rates. As usual, the announcement on Wednesday lived up to expectations, and the gold market went wild. GDXJ swung almost $4/share from its low to its high on Wednesday alone! This type of volatility makes a trade very difficult to hang onto, and it is one reason why we tend … read more Newsletter #104
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