Dusting Up The VIX
Is it me or is the 3X Gold Miner short fund DUST beginning to look a lot like the VIX did a couple weeks ago? I actually shorted the VIX during the bear hysterics (and promptly chickened out and took the profit way too soon). I wonder if there will come a time to be brave enough to short the gold miner VIX, AKA DUST? Things are getting pretty hysterical in gold miner land.
Disclosure: None.
I'll admit that I admire anyone brave enough to buy any form of gold fund, much less a triple short!