Direxion Daily Gold Miners Be (DUST)

[Sgreg]

Yes, that is what they think. They think absolutely, slam dunk gold is going well over $1300. They even act as if it has already happened. Miners are priced as if it has and they keep getting bought on any tiny little dip as if gold is already at $1350 and continuing higher.

Nothing however is a guarantee and I don't think it is smart to count the chickens before they hatch. Gold still can't even get above and hold $1264. The longer it takes then I think the likelihood diminishes. What will happen if gold doesn't get to $1300 and over it. Miners are already priced as if the event already happened. It hasn't though. The outcome will not be good for people buying miners right now but gold ends up not getting up well past $1300.