Re: with gold up $8, kind of expected to see the etfs nugt and jnug being a bit more 'reactionary'
Yeh. But now they're beginning to bang on gold. So don't bet the farm (unless you've hedged the farm). As gold begins to look alive, IMO, volatility will increase. An aside; did the Brit gold go to JPM in their sub-basement repository across the street from the NY FED, a facility that is now OWNED by the Chinese? Wonder who the specie owner is now? Know, however, that it ain't owned until, all paper, contractual riders aside, the gelt is actually IN HAND.