BUY GDX @ $39.27

Buying GDX @ $39.27

5% position

After buying GLD two times and seeing the VIX continue to decline, it's time to buy the gold miners - GDX. I still have room to buy one more slug of GLD before hitting my 15% limit on currencies, but think getting more net long of equities makes sense too. I can accomplish getting more long of gold and equities by purchasing the gold miners.

If markets start to look sloppy again, I can get short in a hurry. Until then, I'll try to surf the wave.