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

[Montanore]

Both gold and silver are getting drubbed due to the stronger dollar. It sounds very strange considering the Fed has been printing endless trillions of the paper debt wisps, but there ya have it. It's rigged.

It won't last. I flipped this last time from $93 to $99 and this looks ripe for another flip. But I'll wait for Monday to see how things shake out.

i'd rather buy JNUG back as it's bouncing back up. Buying it as it's sliding redder is not a great idea.