$GDXU, am I crazy?
Gold just spent the last year ripping higher while miners have been getting tossed around. GDXU has pulled back massively from its highs in the mid 500s and is currently trading in the mid 150s. sentiment feels way less euphoric than it did a few months ago. My bull case: • Gold is still trading near historically elevated levels. • Many miners are printing cash at these gold prices. • If gold simply stays high (not even mooning), miners could eventually catch up. • Leveraged miner products like GDXU can mov
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