Direxion Daily Gold Miners Bull 2X (NUGT)

[doglover1]

We're in the 6th year of the present gold bear market. Cycles from tops to bottoms as well as bottoms to tops usually average about a decade. Look at any 50 or 100 year chart.

There could be 3 + more years of this crap, with gold trading in a range of $950 - $1200, before it finally comes to an end. If it can't move up now, with almost the whole world in either war or financial collapse, there's really little hope that the end is in sight.

I'm only out about .70 a share here, but have lost a ton with my dozen or so miners and PICK and FCX, so I feel your pain.