Bonds being sold down tonight risk back on & gold getting smashed.
NUGT the gold ETF up over 150/ in the last month off over 10/ in early trade if the switch from bonds back to shares continues then the timing of this CR from BDR is brilliant for the board to ensure they get paid but shareholders won't fair as well.
How can a company with excess of a billion bits of paper doing the ounces they do expect to get the SP up.
I am glad I gave up on individual companies spreading the risk with ETFs works better time to sell NUGT me thinks.
Cheers
Hot legs
BDR Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
