Direxion Daily Gold Miners Bull 2X (NUGT)

[doglover1]

Guess we can thank Morgan Stanley for this rout. Miners are really taking it in the @ss, too, big time.

Morgans $800 call is the lowest I've seen so far. Someone, of course, not to be outdone, will probably come out with a $600 or $700 call.

At $800 mine closures will become the norm, along with bankruptcys.