Direxion Daily Gold Miners Bull 2X (NUGT)

[doglover1]

There was a poster on the HL board about 3 years ago (I've never forgot this) that posted that our countrys gold and silver reserves would only back up less than 10% of our currancy. When I asked him about it, he posted a link written by an ex Federal Reserve member(or someone who held a pretty high position, not sure now.)

With the present appeaser we have in the White House now, and all the massive deficit spending he's done, the percentage would be far less now than then.