Gold mining stocks have really been hammered these past two days. GDX and GDXU have been bleeding all the way, with triple-leveraged long positions evaporating in a pile. Turn around, and the short ETF DUST has surged nearly 20%. The days of licking blood from a knife's edge are back. This pullback in gold prices feels quite a contrast to the talk of a "structural bull market" not long ago, leaving longs feeling helpless. The market is too extreme, truly testing one's conviction and who can pull the trigger on a stop-loss. If you got crushed on a short-term trade, just lie flat for now. This gold mining business is getting a bit tiresome...