Replies to post #19675 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[ReservedRisk]

Correction* "Until gold decouples from the dollar" (meant the markets)

Correction* "Need to see that decoupling first."(safe) (meant dollar moving down first or get that gut feeling dollar is about to move lower)



Also it needs to be said here. The dollar and gold have an inverse relationship. When ppl get scared or run out of cash to pay debts they trade assets for dollars.(They BUY the dollar)

That's all. Hopefully this helps with ppls trades.

Glta

[nowwhat2]

Americans tend to assume that their dollars going higher (patriotism)

Got any charts showing that the dollar's going higher because it isn't in Canadian terms (which prob matters when considering gold)











If that 2nd charts pennant gives way - all hell could break loose