This recent wave in gold and copper mining stocks really tests one's character, $Microsectors Gold Miners 3x Leveraged ETN(GDXU.US) crashed hard, long positions were wiped out, while $Microsectors Gold Miners -3x Inverse Leveraged ETN(GDXD.US) and $Microsectors Gold Miners -3x Inverse Leveraged ETN(GDXD.US) soared. Those who missed the 3x short opportunity really know how to seize the moment. I see $SPDR Gold Minishares(GLDM.US) couldn't hold up either, copper prices also sank, and $Global X Copper Miners(COPX.US) turned green again. Honestly, in this kind of market, you really need to be zen in your approach. Chasing rallies and selling in panic just makes you cannon fodder. Better to have a cup of tea and wait for the cycle to turn. Whether you're long or short, someone's crying and someone's laughing. The key is not to get too carried away yourself.