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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: ItsAllCyclical8/23/2011 3:58:13 PM
1 Recommendation   of 48092
 
Bought GDX in size today. Keeping some cash in case we have more of this, but fairly heavily invested here. Funny that the market rallied on more QE possibilities and gold gets wacked. Very healthy though and hope it goes down more tomorrow to wash out the ST players.

Guess it's a bubble and I should sell everything...

minyanville.com

Sticking to GDX given that it pays a dividend, highly liquid, safe and undervalued. Other juniors will certainly do better and I own some but for IT/ST trading money these days I'm sticking to GDX and at times maybe GDXJ.
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