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

[ReservedRisk]

True lower cost for production and higher metal prices will cause miners to explode, but miners are coupled with the overall markets atm and oil could easily go lower. Hell even gold is tied to the markets. When market panic resumes so will miner panic.

I'm watching gold closely for a decoupling from the markets, but don't see it.(75% chance gold tanks with the market once panic resumes, which means 90% chance the miner fall)
https://www.msn.com/en-us/news/us/the-us-now-leads-the-world-in-confirmed-coronavirus-cases/ar-BB11LlDh

The dollar will have it's last rally soon.(once panic resumes)

Now it's possible that gold/silver physical bullion supplies dwindle and by the time the paper market bottoms there's no bullion to buy.(This is why you should already have some) Ppl don't realize how much the comex manipulates the physical(real) commodities markets..
https://www.commoditytrademantra.com/silver-trading-news/no-end-in-sight-to-jpmorgans-comex-silver-price-manipulation/
https://investmentresearchdynamics.com/tag/comex-manipulation/

Once panic stops, thinking gold around 1300-1350, and miners crash($GDX around $14, maybe lower). Everyone will be looking around for value. Gold will be the only thing worth buying and EVERYONE will buy.(Gold 3k+ easy)This is when the dollar CRASHES and everyone is in very big trouble.(Even the rich)

Now miners will be heading higher with markets and gold in the very near term, but this is the NEAR TERM.

Trade accordingly or pay dearly.

glta