Direxion Daily Gold Miners Bull 2X (NUGT)

[Sgreg]

I think they are going to run miners pretty soon. Just like volatility was made to look completely undesirable until a few weeks ago. I was fortunate to load up in volatility just before it spiked (UVXY at the time in the 8s). Same will happen here. Gold silver and miners always go up a lot during periods of inflation no matter if interest rates are increasing. This new period of inflation will be no different. Just like there was a shake out in volatility before it spiked I believe there is a shake out in miners now. Another example was retail in October. Made them look horrible and then they ran them hard in November and December. Nothing new, they been doing this for a long time.