Talking Gold Stocks Short-Term Outlook With Mike Swanson
Today Mike Swanson of WallStreetWindow interviewed me regarding the short-term outlook for gold stocks.
We covered why to avoid the 3x ETFs, why outlandish predictions for Gold get media attention, the short-term support and resistance for Gold and why the sector will remain in a larger consolidation.the sector will remain in a larger consolidation.
Video Length - 00:18:47
Very much agree with Jordan about the dangers of using leveraged ETFs. They should only be used with a strict time limit due to built-in price erosion.