Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Also NUGT follows gold and the confidence I have in gold would cause me to hold NUGT through the volatility as I have with all my miners that produce comparable gains and somtimes beat NUGT and JNUG.

SMH. This statement right here proves why you are clueless to how NUGT actually works.

Do you know how many times over the last year alone that Gold has rallied hard and NUGT hasn't done squat during the same time period (sometimes, even goes down)??? Just because NUGT has fared well against Gold since you've arrived on this board doesn't mean that's always true.

You'd hold through the volatility??? LMAO. You couldn't even hold for a day last week through a tiny 5-6% down move...let alone holding during a 40-50% drop. C'mon man. LOL