Direxion Daily Gold Miners Be (DUST)

[RainerRocks]

Let me ask you something,hopefully you can paint a clearer picture for me.

Inflation and Gold

I was always thought inflation causes Gold to rise. Inflation hasn't been bad and even the FED charts don't really show it to be a big problem in the near future.

So what was the cause of this fake rise in Gold recently?


It seems the market isn't and hasn't been making sense.

Same thing with oil,it seems the entire market has been following oil,which hasn't been the case since the 70's. Thing is ,in the 70's there was a shortage and that's not the problem today ,regarding oil.

These signs tell me the economy is actually worst than it is being projected and believe the FED (and their charts) always play down the negative and buff the few positives to ensure the market doesn't panic.


I believe Gold is ready to tank ,but my gut tells me something else is happening and Gold might just rise even further due to consumer fear,thereby seeking safe haven in Gold.

There is a history of the economy doing badly in the last year of the POTUS . People forget Clinton's last year we were in a recession
and I don't have to mention Bush last year with the housing debacle.

Plus they been playing with the numbers during Obamas entire term. So I for sure don't trust anything with this Admin.

There seems to be real fear in the market that hasn't shown itself as as of yet. It's been more skittish and uncertain and we know it's much easier for people to panic when any signs of a bad economy shows it's ugly head.

Sorry for rambling and I hope I'm making sense ..LOL