Trading Gold Miners... Either Up or Down

Gold recently hitting all-time highs of course my concerns of geopolitical risk, government debt, inflation, etc.

Um, gold surge has lifted bullish gold mining ETFs and direction offers a few ways for investors and traders to participate via Jug.

Um, and that's your ticker.

It's pronounced like J Nug, J N U.

And then you also have NUG GT which is pronounced like Nugget.

So tell us more about these.

Yeah.

So, Nugget and Jay Nug are two bullish ways to trade gold miners and junior gold miners, respectively.

And to your point, gold's been on an unbelievable run.

You know, fueled by a multitude of factors, whether it's the geopolitical landscape, whether it's US dollar denomination kind of fading in certain places and really just inflation kind of running out of control.

Gold prices are through the roof as a result of that.

The gold miners both on the major ones and the junior ones have profited as a result.

Um, if you kind of think about the distinction between the two, the gold miners themselves typically have larger robust operations.

Now, there's some overlap here too with the junior gold miners, but the junior ones tend to be a little bit deeper in the exploration stages and don't yet have operational minds.

Now, if gold prices continue to rise, of course, both sides of those can profit.

One other piece of the puzzle that I think traders oftentimes overlook with gold miners is oil prices.

And oil prices have faced some pressure as well.

Again, the geopolitical landscape has certainly helped on that front.

And when oil prices are lower, it is easier for these gold miners to both get the gold and to explore new mines.

So that's been another tailwind in favor of the gold miners this year.

Now those two things in conjunction with each other, the price of gold and the price of oil, they've really benefited the bull side of the trade.

If you think either one is getting a bit frothy and these gold miners may have a pullback, we offer actually bare funds on these as well.

Dust and J Dust, JD DST.

So we offer both sides of the trade on gold miners and junior gold miners.

And really it's a matter of what you as a tactical trader believe is the opportunity here going forward.