A friend asked me about nugt on another board. Here is my answer to his question. The reason nugt went up when gold went down on Friday is. Nugt is A 3x the major gold miners. The gold miners have lagged behind the boom in gold price. There are many economic factors for this. Gold can go up but nugt can go down also. Normally nugt will go up when gold goes up and the markets go up too. I think the speculators just were buying into the dip and getting in b4 gold goes back up. That's my 2 cents for the day. LoL off for fun now.
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