A Short-Term Trade on Gold Miners

I'm going to be traveling tomorrow, so I have to keep my plate light. I should still get to my destination in time to get a good look at the market in the afternoon, so there is one trade, a very short-term one, that interests me into Bernanke talking. That interest lies in gold, but not the metal specifically -- rather the miners.

The Market Vector Gold Miners (GDX) is up sharply today. In fact, shares of this group are once again knocking on the door of the gap, and that could lift shares all the way to $26.50 in quick order. However, if Bernanke alludes to more aggressive tapering along with a lack of inflation, those words could be strong enough to push GDX back down to $24....109 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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