Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[Montanore]

The bear is $1900 to $1300 over the past seven years. Why can't you comprehend this? Did JNUG's collapse today suggest strength? NO--it means if the market goes up, gold goes down or sideways. When the market goes down, gold and gold stocks go down. Fed lowering rates? Gold goes down. Fed raising rates? Gold goes down.

Bear market.