Direxion Daily Gold Miners Be (DUST)

[mannken]

Reality is no one can predict

where prices will go without a time machine, for every 1000 calls for gold 800, there are a 1000 calls for gold 2500.

I just think the Fed will keep this game going of 'anticipation of rising rates' all of next year, to keep a balance of 'modest inflation control', when in effect, they know they can't raise rates IMO.

Something, someday will come home to roost on the US dollar, and swing the fear/greed needle far to the other side, gold will run like a mad bull, when, no one knows.

And for the miners, there's a lot of debate going on recently on NAV, surviveability, M&A and so on. If Comex and bank manipulated 'gold paper' goes to 800 for say, Miners might see increased M&A, and go up in price diverging from gold paper.

This is one of my favorite quotes:
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”