GDX and GDXU have been a bloodbath these past two days, I can't believe they could plummet like this. The leveraged one, GDXU, is practically a preview of being halved. With risk aversion sentiment overwhelmingly one-sided, gold mining stocks have become a rollercoaster. I originally wanted to wait for a pullback to buy the dip, but looking at it now, I'm afraid I might actually be buying halfway up the mountain. We still have to respect the market. Short-term speculation really requires a strong heart. Whether we can turn things around in the long run still depends on where the gold price goes...