Replies to post #7664 on Direxion Daily Gold Miners Be (DUST)

[RainerRocks]

I'm actually long gold and believe we are at the start of a bull run.

So if the market crashes (usually does crappy in last year of POTUS) or recession steps up,the market will tank and GOLD will rise and GDX should tank right a long with the market?

Thing is,will GDX follow gold if market sells off and gold rises or will it follow the market and go down with the market.

GDX follows gold ,but not so much. We had most of the last 6 months
where gold went up and GDX didn't and vice a versa.

With GDX the picture isn't so clear,so I can't get a handle of how it would react if market went down and gold goes up.

I believe the market a a whole is over valued and overbought.