Replies to post #9829 on Direxion Daily Gold Miners Be (DUST)

[RainerRocks]

Fed wants a few more positive economic reports.If good reports ,then yes to June/July.


They're sending out positive vibes intentionally ,to calm the market as a whole and not spook it.


Even harder to time a hike due to it being a POTUS election year.

I don't think hike would happen in Oct or Nov due to hike being too close to election.If good economic reports do come,Fed would have to raise rates well before election.

Hey,Fed might just be stringing us along and wait until after election.


Me personally ,economy isn't as good as they want us to believe.

[RainerRocks]

In the meantime,play other stocks.There's plenty of opportunities out
there.

DUST isn't the only play in town.

[Nightridertwou]

I said earlier that in all probability they won't raise rates until July. Who knows whatever you think what something will do is usually opposite of what anybody thinks. This is all BS with gold and the miners because I feel that gold will drop lower in the next month or so. If you ever notice when our markets are closed gold always drops to a low then on the next day it shoots up almost every dam time.