Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[Marketwise]

And that post proved prescient. We did get that cyclical bull in gold. It unfolded for about the first six months of this year into early July and has since fizzled. The question in my mind now is - was it in fact just a cyclical bull in a secular bear gold market OR, as some believe, are we in a new secular bull market for gold and therefore gold miners? Frankly, I don't know at this point. What I do believe is that if we are in the beginnings a new secular bull market we must see a new up leg in gold and very soon, IMO.