Replies to post #17533 on Direxion Daily Gold Miners Bull 2X (NUGT)

[jt6455]

COMEX gold delivery is currently leveraged 300:1; RMB added to the IMF basket of currencies; China Russia India and pretty much all of the Middle East are selling Petro Dollars to buy gold.

Just my wag anyway

[Pat]

Chicago Fed leader said he was changing his mind on the wisdom of raising rates at this time. Maybe that's the catalyst.


Pat