Replies to post #15005 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[DarkPool]

Lol you hope. Like I was saying the other day. JDST not worth the risk for such little upside when PM are in a bull market. Real money is in 6-12 month swing trades. Not going back and forth.

[Meximus]

I don't think they will move down.

I still believe that gold has substantial price floors like the petroyuan, and China and India demand, plus skyrocketing oil and wages in Latin America.

Miners should go up, provided they do not dilute the stock.
That's the problem we are dealing with.

10% share creation over the last few weeks in JNUG alone. It retards the growth, and even though assets are rising, JNUG only moves a few percent.