Replies to post #9916 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[kid biscuit]

Totally agree, especially when I consider that I invested in JNUG at 1198 gold. I felt JNUG would provide a better return than investing directly in a miner. My other choice was GFI at $2.98 pps/ @ 1198 gold. GFI is still up 20% @ $3.55 . JNUG down 25% during same period equals a 45% spread. Won't happen again. Will go with a decent miner forever. I predict that JNUG will be closed down within a year because of this. Also class action wouldn't surprise me, but no one will get anything in my view. Hedge funds won out gold rally. Now JDST significantly higher that its ever been on a gold run ever in its history since inception. I kept very few positions overnight over the last month. For good reason.