Direxion Daily Gold Miners Bull 2X (NUGT)

[trunkmonk]

I doubt gold will go lower at all, and your comparison is very vague. although they historically do move the same, a gold oz/barrel comparison, they deviate during market moves. I dont think you will ever see oil below 40 again, the world is too busy and big. It only went there because of world recession, and will do the same only in similar situation.

http://goldratefortoday.org/wp-content/uploads/2011/03/gold-and-oil-relationship.png

http://www.macrotrends.net/1335/dollar-gold-and-oil-chart-last-ten-years