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

[ReservedRisk]

Reason dollar will fall in the near term is not only technicals, but the fed is inflating trillions.

The markets will bounce through hope/ignorance and gold($JNUG) will rally, but fall once the indescriminate selling starts again. That's when there will be the last real rush into the dollar.

Dollar and gold have inverse relationship most of the time.

When the fed says they will spend whatever it takes believe them.
https://www.cnbc.com/2020/03/23/fed-announces-a-slew-of-new-programs-to-help-markets-including-open-ended-asset-purchases.html

Plus the over 2 trillion relief bill to bail out people that don't have any savings and tons of debt as well as the over leveraged zombie companies that wouldn't exist w/o the 'fed' in the first place.
https://justthenews.com/government/congress/wheres-bill-full-text-stimulus-hasnt-been-released-vote-expected-today

Glta