Casual readers of All Star Charts will notice we've been warming up to the idea of being bullish Precious Metals and Miners for a turn. Check these recent posts to get up-to-date on our thoughts:
Defining Our Risk in Precious Metals (Sept 13)
Is the Market Ready for a US Dollar Collapse? (Sept 18)
If you're a believer that a short-term bottom is in for Gold Miners, I think a nice short-term, high-probability trade with a clearly defined risk level has presented itself in the Junior Gold Miners ETF $GDXJ. This isn't a sexy play, but it helps diversify our portfolio a little bit by getting us short premium in a high probability (not a guarantee) set up with a good chance of turning us a profit.
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