Replies to post #16745 on Direxion Daily Gold Miners Bull 2X (NUGT)

[4Godnwv]

I read recently that there were over 200 contracts for every oz of gold available for delivery at the COMEX. The price of gold and silver has been kept artificially low while the vaults are being systematically emptied by central banks. For example, China is dumping it's forex and accumulating gold. I recently saw a cartoon that said it all. It was entitled 'currency wars'. On one side of a fence were Chinese, on the other were Americans. The Chinese were throwing bundles of cash over the fence at the Americans while the Americans were retuning fire with bricks of gold. 'Bout right, imo