Direxion Daily Gold Miners Bull 2X (NUGT)

[IGOIO]

Not sure what the game is about the recent dramatic oil price decline.
1. On one hand, it does help lower miners expenses and put more money in everyone's pocket. Economy could improve a bit.
2. On the other hand, this is deflationary and not what the Fed wants.
3. OR this is just another desperate attempt to perhaps push gold price even lower, hurt Russia's oil export, or it's just an election year.

HMMMM....