Direxion Daily Gold Miners Be (DUST)

[SgtJBone]

I have a theory, that the flight to safety for Dec 4th regarding the constitutional vote in Italy may end up being the dollar instead of gold this time. Going back in history on the gold chart; gold actually went into a down turn when the Latin America debt crisis hit and the dollar surged to 164. Everyone was buying the dollar instead of gold. Cash is sometimes king in a melt down. With the dollar set to go higher people in the Euro zone are already buying the dollar it looks like. Because with the vote coming so soon gold hasn't really shown any strength of moving up, but the dollar has. That's my opinion going back into history. When Greece had it's melt down it jumped a little but the dollar was sill in a bear market, now that the dollar has returned to a bull market I think the dollar may be king this time. I guess we'll find out on Dec 4th if my theory was right or not. What are the boards thoughts on this, please go look at the historical charts for yourselves. I would like to know others opinions and reasoning for any disagreement. Thanks in advance.