Direxion Daily Gold Miners Be (DUST)

[Nightridertwou]

Maybe but the reason gold fell today is about the dollar. The Fed basically laid their hand on the table and told you that they are going to raise the interest rates. The real question is when. Possibly in June but ironically the inflation numbers don't come out until the day after their meeting. My guess would be they will want all the information that they can get before they pull the trigger and so I would say July will be the time to raise the rate a quarter. If they decide they don't care about the inflation numbers then June but the bottom line is they will raise them in the next few months. Always remember things can and do change on a dime and it is what the market perceives. Whether they do or don't raise the rates the market sees that they will.