Direxion Daily Gold Miners Bull 2X (NUGT)

[Solantey]

Don't the major global economic powers realize that by keeping the price of gold depressed through "paper trading" that the only thing their accomplishing is to allow China to continue to accumulate huge stockpiles of gold at bargain prices.

The Chinese think in the long term. Their plan is to have the "gold backed" Yuan replace the dollar as the "world standard" currency. Maybe not this year or next but sooner than we can imagine.

Cheap gold accelerates the process.

p.s. "NUGT" is substantially undervalued.