Replies to post #20207 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[mannken]

can you share more

I do not have a gold ADR ratio in toolbox

broader perspective, I occasionally like to glance at macro charts and find these (2) interesting, however, I'm amateur looking for shorter trades, do not have the concerns of where to store excessive wealth for the long haul :)

https://www.macrotrends.net/2485/gold-to-monetary-base-ratio
https://www.macrotrends.net/1486/fed-balance-sheet-vs-gold-price

agree on ETFs in general, mathematically designed to reach '0' w/ decay, I never hold these products more than a few weeks max

an informative deeper dive SA article into ETF decay
https://seekingalpha.com/article/4289445-leveraged-etf-decays-update