Replies to post #19373 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[StockItOut]

Miners don't necessarily move at or with Gold.

bigboard had some good posts recently:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154617371

when GDXJ was 19, JNUG was 3.6, now GDXJ at 29, JNUG is almost back to where it is now
Always short this scam come what may until it hits RS
If you really want to play miners
buy GDXJ, GDX and hold for 5 years
you will make money
Not this fraud, you will lose 99.99% in next 5 years

and
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154611512

NEVER buy miners when general markets are dropping
Buy GLD instead
Miners tank hard when general market drop
Miners have nothing to do with gold price in the the end
They are SHORT+ING vehicle used by hedge funds

They mostly move with general market and drop much faster when general market drop even if gold rallies