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

[Marketwise]

Hmmm....So where is your bet placed? on jdst? How long have the negotiations have dragged on now? About four months by my count and it could be another four months before something actually gets agreed upon. By that point gold could actually end up rallying; the agreement already being priced into the metal by that time; that is if a trade agreement hasn't already been priced in now (recent price drop in the metal)....The longer this drags on the weaker the eventual trade agreement is likely to be. By the end of these negotiations, Trump certainly isn't going to be doing China any favors and the Chinese middle class knows it. The people of China are the world's largest buyer of gold and given the uncertainty in China these days don't you think the middle class there will be buying more, not less gold even if a shaky trade agreement eventually gets inked and signed?