Replies to post #2230 on Direxion Daily Gold Miners Be (DUST)

[Solantey]

Gold demand sinks 16% year-on-year in Q2

http://finance.yahoo.com/news/gold-demand-sinks-16-q2-075045580.html

You may be correct. We shall see.

[sumotrader]

Agreed.

If for no other reason than Goldman Sachs sees 1050-1200 Gold before year end 2014.

Gold has taken a few runs at 1318 and failed, GDX is looking top heavy, has a large gap to fill below 26.00 and should see a sell off Friday afternoon IMO.

Bought some DUST at 14.00 even this morning and still holding JDST at 9.87, tight stops just in case.

Good luck to us all