My Contribution to this excellent ongoing discussion of the PM Markets :
One thing I have learned….the hard way….is…in every market there is hot money
Well the Hot money has found a new playground

Our Kamikazi Trades
When Rambus and his Merry Band of Knights rode the last Impulse move in PMs
back in the first half of 2013….we really hadn’t studied these Dragons we
know as Kamikazi Trades…and look at the volume back then

gdxj

they were rather obscure during that move compared to now
They were new
Now the Hot Money has discovered the GDXJ and its psycho stepchildren twice removed
JDST and JNUG

Thus the Volitility !!!
It was pretty smooth sailing for us in that PM drop we earlier Rambus Members took part in
NOW…there is so much more HOT capital…day trade minute trade money….that the volatility
may prove imposible to hold even in a trending market

If this is the case..we may turn back around on a dime
This is Not your 2013 Kamikazi Market
Our little game has gone viral !
I believe Parabolic Chuck bought JNUG or JDST on the first day it opened

I thought he was nucken futz…and it turns out he is
Here is the whole history of this Dragon…it even looks like a dragon chart
very subtle reversals no ?

JNUG