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

[Meximus]

I don't think they will move down.

I still believe that gold has substantial price floors like the petroyuan, and China and India demand, plus skyrocketing oil and wages in Latin America.

Miners should go up, provided they do not dilute the stock.
That's the problem we are dealing with.

10% share creation over the last few weeks in JNUG alone. It retards the growth, and even though assets are rising, JNUG only moves a few percent.