Loading ...Lets put things into perspective…Let’s take the curious case of JNUG
February 24th Jung was $92—COMEX april 2020 gold was $1493 on Monday Feb 24th 2020
Today March 24th, JNUG is 5.84—and Comex April gold is 1665
Comments appreciated…is JNUG cheap now…a buy?
I know I said to forget the negative conditioning on gold of the last 9 years and accept the possibility that “everything has changed” for gold…but I can’t help it…if the dollar bounced tomorrow and gold was down 20–30–50…I could see JNUG falling a buck or $1.50…G*d bless all who read this post…