$GLD $NUGT

Amazing, $GLD damn near flat on the day doing nothing, yet the miners are getting crushed. In the past when we’ve seen this, $NUGT corrects back to match what is happening with gold. Maybe this time Gold catches up (or down in this case) to the miners. Was in meetings most of morning so just now getting to open some trades. Have order in for Aug 19 $130/$175 strangles.