Good morning Investors!
Notwithstanding my still-exuberant long-term posture, I am getting increasingly concerned that gold near-term might be a bit risky at these levels, before we get a consolidation.
So–as always, in the interests of sound portfolio management–if you got into NUGT recently as advised, place a tight stop loss at $75/share. If it avoids that, move it up incrementally as you can to keep about 3-4% under the current market price.
For those only in GDXJ, place a stop loss for half your position at $64/share.
All the best,
Chris Temple
Editor/Publisher
Tuesday a.m., April 22, 2025
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