Also need to look at job loss = failed jobs report. I love how they say we made more jobs then expected, but will not say how meany layoffs hit making the total job count down. anyone who thinks the economy is not about to fall flat on it's face is not doing there homework. We all know the world is in resection, The US just fakes it better then others with bigger printers of money that douse not exist. 18 Months or less and America will catch up and have the biggest resection ever. and all your taxi drivers and online jobs will come crashing down. Also note that August and September are Holiday Gold order months for gifts. From end of August about the 26th witch is one day after the 5 to 1 split of NUGT, the orders hit, and Gold will go up until about October 1st or so. Then the dip comes before the January rally witch hit in December last year and IMO will hit in December this year as well.
For your simple outlook IMO NUGT will stay about $155-$165 for about 2 weeks the most, then up she gos to $175-$200 from Aug 25th to 1st week October. Then down to $145-$160 1st week of October till December where we will see it go up, up and up $220 by end of January , $250 by May, $325 by end of 2017 and 2018 will blow everyone away when Gold brakes a world record high over $2100oz to $4500oz depending on who gets elected. Clinton = $2100 and Trump =$4500 or more.
Right it down and say what you will. I put my neck out saying this because most who want to care to much of what other people think, I don't. Lets see if im wright. Interested to hear what you all think. No links of my fav BS posts or blogs,do your own research and use that brain cell. and remember. Never invest based on anyone's post or follow anyone's IMO thoughts. It's your money. loss it, I mean use it how you will.
Thank you all for reading. Ill be here all week. Best of luck to us all.
NUGT = Buy or Hold IMO. I am buying 185 tomorrow.
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