Direxion Daily Gold Miners Be (DUST)

[littlejohn]

Small gold miners may start facing BK pressure

if they follow the upbeat GDX index...

Demand for gold took a dive in the 1st

quarter of 2016...

http://finance.yahoo.com/news/gold-demand-asia-plummets-first-152718050.html

This link shows demand for 4 quarters in

2014 and 2015 in it...

http://www.gold.org/supply-and-demand/gold-demand-trends

Demand drop off is staggering beyond

what I would look at as seasonal...

Small gold miner sees the pumped up

higher gold price and borrows to mine

with plans of the mother lode payoff...

Demand isn't anywhere near price rise

gold price inflation...and they finally

get their gold to market when big

companies need to sell...Over supply makes

the gold price dive and little company

with goals of mother lode goes BK...

I made a super EGG buy today...

EGG buy at .85 per dozen today...Haven't

looked at EGG prices since they shot

up over $3 per dozen...And until then I

usually ate eggs everyday of every week...

That is simple example of pumped up

pricing killing steady demand...

I'm gonna eat some Eggs again this

weekend and hope it helps investing...

Gotta find some brain food somewhere...

There is a Future's pump up going on

of gold miners and gold prices...

Gotta remember that it isn't demand

driven and sell to soon when the price

starts downward and gains momentum...LJ