Replies to post #9166 on Direxion Daily Gold Miners Be (DUST)

[littlejohn]

China steel dumping spurred Wall Street rally

on Tuesday after the steel prices tanked...

Big China commodity betting that led

to idled steel makers going back into

production in China added more product...

More product no find demand and price

tumbled against big commodity betters...

http://www.cnbc.com/2016/05/10/reuters-america-update-1-china-steel-futures-post-biggest-fall-in-7-yrs-lose-bulk-of-aprils-gains.html

US SDR Dollar valuation rose on Tuesday

against other major currencies in

the SDR basket...

The big smart money slowly shifted to

the US SDR Dollar as many economies

showing lower economic progress...

http://www.imf.org/external/np/fin/data/rms_sdrv.aspx

Gold prices finally rebounded some in

afternoon trading after a morning of

heavy phone calling activity...(Only

a guess on this)...

While Coffee has been perculating higher

for almost a week...LJ