Replies to post #13173 on Direxion Daily Gold Miners Bull 2X (NUGT)

[Sil]

Gold saw an enormous amount of interest overnight as a sudden sell-off in the precious metal triggered a number of stop losses, knocking almost $60 off the price in less than a minute. It has since stabilized to trade back above $1,100 but I expect interest in it to remain today.

[doglover1]

I got in at 4.01 this morning. I almost feel like I stole it. I know it's a bit lower now, but I'm still too happy for words.

Selling climax in the works. This will be a BAD week, but once the dust settles, and the blood is cleaned up in the streets, next week or early August I think we'll see a sharp run-up. I'm buying several miners today knowing full well I'm not going to catch the bottom, and there's probably still some downside. But these prices are too good to pass up.

I predict that very soon George Soros, the guy who started the gold crash originally, will be the one to leak out he's buying gold. If you don't buy here - when everybody else AND their brother is throwing in the towl - you're missing a once in a decade opportunity.