Direxion Daily Gold Miners Be (DUST)

[SilverSurfer]

funny thing about 3 timers,,, like DUST,,,, the decay is brutal in a down or sideways market. Since March NUGT down around 10% and DUST a little more than 10%. So, not so good to hold UNLESS we get some kind of monster sustained trend up or down in metal. Then one of the symbols will go exponential. See SOXL for an example... The next question is... Inflation or Deflation...

In the modern world, there are no economies, only bubbles. There is not a country in the world that is not struggling to survive on yesterday's stimulus plan, other countries' stimulus plans, or waiting for tomorrow's bailout to live another day.

To anyone who is not in denial, it is obvious that no central banker has a viable solution and no one is willing to take any pain. In reality, there is no stimulus, just a continuous game of borrowing by governments and printing by central banks to keep the peasants from revolting.

http://www.zerohedge.com/news/2014-07-22/bubblenomics-and-future-real-estate