Replies to post #6881 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[Bayou Man]

I don't think they will raise. Gold may take a hit tonight and so on. I believe the key is to keep us, you and me in the market. Our money will vanish like a fairy tale. in time!

Your money in a bank does not do anything. To speak of.

They darn sure don't want you holding physical precious metals. That dang barbaric relic. That keeps dropping in value. That the Central Banks are buying hand over fist!!!!!!!

The key is to keep you in the market. The dollar don't buy you nothing like it use to. Gold at $1250 an oz, your 401, IRA, CD, Savings ain't done much.

What does a prudent man do?

Let me know if you know?

I have got Fizz, lead and plenty of food and beyond that, move the Lord to the top of the list.

[SoFOR]

Absolutely right, afraid to tell 10.55 that it may be awhile before you see that again, but good news is it will come again.

If Elliott wave is correct you may be looking at a very big wave 3 in /GC and that may take us back up to that level and slightly past.

R/s is too far into the future for JNUG to have much bearing on us at this point, but I would tell you once you get a little past break even I would get out of JNUG. Wave 3 & 5 of /GC may take us there, but the a b c will most likely be very angry in the summer/early fall.

[SoFOR]

Sorry I kinda posted to the wrong guy. But I'm guessing somebody leaked something and all the bankers upped their probabilities of a hike. It's coming, 25bps for sure. Then it's game on till the summer...