Yesterdays Gold Rally

An interesting thing happened yesterday. The Gold ETF 3 X Funds did not participate well with the Gold Bullion Spot Price rally. Most ETF Funds for Gold are connected to Mining Companies rather than the spot price. We did not see them participate. This is where one should stay disciplined and wait till Mining Companies begin to rally which they will, just not at the moment. Unless one was trading options on Gold there was not much profit to be made.