Direxion Daily Gold Miners Bull 2X (NUGT)

[Nolerman]

No. Being priced in is contingent on normalcy of market stimuli. Gold is not in a normal state and is still hung over from the unchecked manipulation earlier in the month. This is the rhetoric I was referring to. Analysts have been collectively bearish on the metal, and then collectively generic in their writings during bullish run because of this (ie. "slam dunk sell" and then "stimulus priced in") when the truth is likely closer to: the market is gaining because it is attempting to recover where it can, to take advantage of politically generated catalysts. I'm not saying this runs huge, but I'm saying that "priced in" is subjective in Gold, but generally objective and quantifiable in a legitimately regulated security. My opinion of course.