Direxion Daily Gold Miners Bull 2X (NUGT)

[Surfint]

Does this makes sense to you? ( I think this is what you are implying).

Gold prices will continue to drop (1000 -/+) at some point offering the Chinese better buy prices, and flushing out small miners; Chinese and global demand could increase over time requiring more mining which would be good for all surviving miners. As gold prices rise ( later, due to higher demand than immediate supply) currency debasement continues ( IMF has a white paper on a three currency system wit a common peg).

GS could be helping the fed ( and Chinese).

Near term: gold and miners suppressed and could even drop some more

Mid/Longer term: both appreciate