littleriver

"Golden Nuggets", a look at NUGT and the underlying commodity.

COMEX:GC1!   العقود الآجلة للذهب
2
This chart is comparison of gold and the ETF NUGT. I would like to thank JR again for pointing this play out. I went back and compared the last bull run in gold . I have highlighted many of the big green candle days in gold and the corresponding day in NUGT. What i thought was intriguing is the bounce in NUGT often did not occur until the following day. Infact, it was down many of the green candle days in gold. The great thing about this is it allows investors the opportunity to take little or no risk while reaping all the rewards. As I understand it, this is a leveraged ETF and will be having a 5 for 1 split on April 1. When that bull run in gold occurs, this looks to be an investor friendly play.
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