Direxion Daily Gold Miners Be (DUST)

[jimmybob]

As a trader, I use all the tools to help guide me in my buy/sell decisions. Charts are one, fundamentals, geopolitical issues, Economic data, central bank news, seasonally...ect..ect

With that being said, I don't buy into this "Gold Ratio Project"... of course, being a Gold bear makes me more skeptical to begin with, but if it said "Gold going to $100 in current ratio project", I still would not be a believer.

Not only that, the case is already shot, as they say $1180 is the bottom, Gold hit $1137:

The ratio is predicting that this leg up in gold could send prices to a range between $2215 and $3880 from the low at $1180.

Im similarly skeptical of those preaching big returns using the other methods such as moon phases..ect


It's human nature for people to want to KNOW whats going to happen.. thats why these BS sites are so popular..

Just my two cents... heck, I cannot say with any certainty where Gold is going.. but i can use all the resources at my disposal to make my best educated guess.. This would not be one of them...

Best of luck to you!