Direxion Daily Gold Miners Be (DUST)

[Sgreg]

Yes I remember and I have seen that big boys loaded up in miners in Q1. What I feel right now is that the risk on trade is a go (junk bonds, equities, etc) and risk off should be selling off (hedges and safe havens). BOTH have been going up and up a lot. One is wrong. Is it risk off is wrong or is it risk on is wrong.

To me the risk on trade is on and is what is correct right now because the FED is still running the show and until they actually do real interest rate increases I really don't see anything hitting the market to stop it. I don't think they will be raising very soon. Economy is hanging in there and frankly even though the market is expensive the problem is that now safe havens are expensive too after their explosive run this year.

Both risk on and risk off are very expensive. I feel risk on is a little cheaper at this point in time. I think risk on is going to win the battle for now.