Replies to post #41859 on Direxion Daily Gold Miners Bull 2X (NUGT)

[Nightridertwou]

Well like I said earlier is it gonna play the 10-11 or 11-12 shuffle again? As I post it appears so. Predictable? Yup.

[trunkmonk]

I will expand a little. 2020 will be the highs for this cycle that started in 2016. It’s possible to get close to 2000 in this cycle. Which is primary wave 3 off correction in 2019. Huge potential.

[GoGold]

This is a classic case of pump and dump by gold bugs. How can Gold go up when dollar is significantly up, oil is down and interest rates are sure to go up?
The only reason I can think of is due to Divali in India otherwise it doesn’t add up why gold is up.

[weazelboy]

Serious question...

How can you say in your very first post of the day that "gold futures have more impact on GDX than any stock activity"...and then in your very next post state that "Gold is going up to 1350 by year's end" but that "I have no idea what miners will do"?

Those are seemingly counter-statements IMO.

If the first statement is true, then that automatically implies miners are going up with Gold (and yes, I understand that may not mean proportionally).

Curious. Thanks.