YOUR POST : Does NUGT have enough steam to reach $60.
NUGT will hit $200, when gold returns to its previous trend -- the one chasing $2000.00, and likely much much more than $2000.00. EVEN $5000.00.
When will that happen ?
It will happen when the elite NY - London bankster axis ( you know, the Bankster thieves who are pumping up financial rewards for the 0.1% )
- when that Bankster Axis loses it vice-grip strangle-hold on the gold price, TWO THINGS WILL HAPPEN :
(1) The manipulated gold price is a coiled spring - watch out when it finally is released . . .
(2) When the NY - London Axis of Bankster thieves loses its grip on gold, then the Bankster Axis will pile on the other side of the gold trade, because like us normal people, they hate losing.
Wait for JP Morgan Chase, Goldman, Citi, Barclays, HSBC, BNP Paribus - etc., to start predicting huge price increases in gold, then you know they already have most of the gold, and are ready to vacuum up all of the gains. Benefiting the top point oh one percent, yet again.
IT WILL HAPPEN......2015 ? Likely ......2017 ? More likely......
By 2020 ? CERTAINLY ! ! !
( I don't like waiting either ).....GOLD ABOVE $2000 ?.....Yes!.....NUGT above $200 ?.....Definitely !
Until2017