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Don't worry they will and most probably lower.
So much for that someone just sold a small quantity to bring her back down. Dats boolsheet on the bullshit.
It's actually very simple as I commented to ya'll a few days back. Personally I am on the sidelines watching all this boolsheet. Untill gold breaks below the 1200 mark, which it came real close to today, NUGT is the play when it hits the 24 range. I also said "follow the money" are ya lisnen? If you are already in DUST and picked it up in the 13-17 range ride her to 27-30. When NUGT gets to the 24 range load up and walk away. Watching gold prices going up and down and back and forth all day will make ya crazy. Pick your spot and jump on it. I have done real well with both NUGT and DUST this past year and the profits were banked. They run in cycles and sometimes you might have to sit with them for longer than you imagined but when the train shows up then you have to know when to get off just as you have to know when to get on. Nobody will pick the top nor the bottom but getting in close is what it is all about and then being able to ride for whatever time is involved. To sum it up follow the trend, watch that dollar(DXY), and study the charts. GLTY all and may it "Rain" money on all your heads.
Looks like the MM'S are taking her south today.
You want below 24
Onward ho to 5.00!
When gold breaks the 1200 barrier that is when you scale into NUGT. When it falls below last Dec lows then load up.
I'm sitting tight the writing is on the wall. Gold will be below 1200 next week. The old saying "follow the money" as the dollar is breaking records to the upside almost everyday. I have been calling 28 for some time now and it blew through there like a knife through hot butter. NUGT 20 is the station I will load in on. Until then I have no interest.
I'm feeling $5.00
Actually it hit $18.02 on 3/13/14.
I wouldn't be surprised it it hit $10.00 or higher.
Well the 28's are here. Still sit tight and pull the trigger@25-27.
Money to be made is to sit tight. IF DUST touches back around 20 I will make a small play. However if the buck keeps rising and gold continues to plummet then I will wait for the NUGT train at the 28 or lower station to board. Honestly I am in no hurry to board the NUGT train until it hits the 25 range. I said last week gold would hit 1200 this week and it has come real close. It's bounced $7-$9 since the low of 1216.50 and will probably bounce a little more.
Yea I have been calling 28 or lower and I sticking to it. I feel gold will touch 1200 or close to it early this coming week.
Seems strange NUGT resistance was about 32 yesterday as is today and today gold is some $10-15 cheaper.
I believe they will move up the interest rate increases which IF that happens gold drops like a rock.
NUGT 28 and lower come to papa!
Gold already has hit 1238 this AM becareful. Why you have been thinking gold is going to bounce because of 911 is beyond me lol.
Gotta be patient remember what I said? Don't touch NUGT till it gets to 28 or lower. It will be there sooner than ya think.
Hope you sold at the high today. DUST will be in the 17's shortly.
Yea it's just to eratic. When it gets to the high 13's I might entertain it but for now I am on the sidelines and glad I got out @ 17.
DUST will be in the 14's shortly as I suspected. The Russian potential for war is on the doorstep run for cover.
Don't worry you will be able to get DUST in the low 15's if not more. Gold is heading up.
If NUGT breaks through 45.35 Dust will be in the lower 15's if not upper 14's. Gold is very eratic at the moment as it has touched 1275 and if it continues to do that and go even lower NUGT will be in the 40-41 range if not even lower. Like I said yesterday this market very hard to trade.
Right but we know there is a gap to fill around 21 or so but it can't even get to 17.50. I decided to get my money back and wait for it to drop back down to the 14 area. Most of the indications are showing gold to continue its drop however if any bullets are fired anywhere gold will shoot up like a rocket. I would guess that with the dollar continuing to move higher and the euro continuing to drop lower gold typically goes opposite of the dollar. This market is more difficult than ever to play with so much going on all over the world and that with what somebody may say or what may occur can make gold move either way at the drop of a hat. If DUST goes to the 13's buy it and if NUGT goes to the 25-28 range buy it until either of those happen I holdin my cash.
They sold out for 1.6 million dollars plus. Look at it now down to 16.88 -.33. Look out below! Glad I got out of it.
Sure is quiet around here. Hope ya'll payin attention as gold is diving like a rock. Looks like time for DUST to fill that gap from 23. Hold on!
I have to agree with you. They tipped their hand to us this morning. Gold dead catted up but when all said and done gold will end the day below 1300. Long DUST and sticking with it.GLTA
It wasn't below the IPO price. IPO was 17-19 and the low this year was 25.58. I wouldn't touch this thing even if it hit its year low. These people are lieing crooks. When a company changes its accounting practices and doesn't even tell anybody to make their income look better what's that tell you?
Gold will be in the 1400's in a few weeks. DUST will be in the deep 14's before the day is over. I might consider 13.90 for DUST.
Well actually NUGT and DUST are directly tied to the miners group.Two 3x leveraged ETF's Bear and Bull. The Daily Gold Miners Bear 3x shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the NYSE Arca Gold Miners Index. Watching GDX and ABX is closer associated with them than is the gold price.
DUST primarily is tied to the miners. When the mining stocks go down DUST goes up and vice versa. NUGT also is tied to the miners. When the mining stocks go up NUGT goes up and vice versa.
Nope DUST will dive like a rock. NUGT will fly like an eagle.
Yea nobody thought the market would sell off so bad as it did. Primarily with the news about Russia and the games that idiot is playing spooked everyone. People need to realize that Russia will do whatever it wants and the sanctions won't do a tinkers dam.
What a POS this stock and company is. Dives for no reason again.I bet the reason is the losses will be even more than anticipated as the top stock holders of the company are taking even more money.
If you remember a few months ago gold was in the 1240 range and the miners were on a tear up. If gold continues to slide down as well as the miners DUST will be back up into the 20's. If the employment numbers are good tomorrow gold will dive with talk about interest rates going up sooner than expected as they will talk about how the economy is recovering better than they thought.
Look again ole buddy! AH over 17.00.
However that is where the problem is. As long as the sanctions are put in to place by tne US and Europe regardless if Russia was at fault(eventhough we already know they were at least partially responsible) the financial ramifications will be met with Russia doing whatever they can to retaliate back and as a result the markets are even more uneasy hence gold shoots back up. Trading any stock attached to gold is even harder when all that has to happen is another plane shot down for whatever reason.
With gold going up, GDX and ABX roaring up it ain't gonna be for DUST today. If anything DUST will be diving to the lower 15's.