I confess that I am intrigued by DUST, the triple-bearish-on-miners ETF. It is banging against its trendline which, in the past, has been a very reliable bottom.
I confess that I am intrigued by DUST, the triple-bearish-on-miners ETF. It is banging against its trendline which, in the past, has been a very reliable bottom. Looking at GDX itself, it doesn’t seem slam-dunk bearish, so I’m actually not going to buy DUST. But I at least wanted to share this chart, since it seems like an interesting speculative play.
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