Replies to post #12222 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[Marketwise]

You are right; it is a two edged sword....On the one hand increasing the national debt - with tax cuts not offset somewhere else in the budget - should weaken the dollar - on the other - tax cuts should be a definite fiscal stimulus for the U.S. economy. Imo, a larger factor to consider over the next few years apart from any tax cuts or even tax reform should be QT especially as it ramps up to full bore one year from now - removing 600 billion per year from the Fed Balance sheet. That should prove a major headwind for equities and a strong tailwind for the POG as equities investors look for diversification, at least that is how I and other gold investors see it, including Adam Hamilton of Gold Eagle in his latest article published last Friday on The Fed's QT....