Replies to post #7135 on Direxion Daily Gold Miners Bull 2X (NUGT)

[Nolerman]

I don't see legit talks occurring until end of Q1 2014, but believe the market will still shy away in anticipation on weakness tomorrow (hopefully for me). Also with Yellen at the helm next year it's just as likely she will increase easing as it is she tapers. I hope you're not going all in on this lottery pick. If you are planning on going big in either direction with shares (as opposed to options) I would scale in slowly. GL

[Nolerman]

Also, nobody wants to be at the helm when the ship goes down. Bernanke will be political, of course, saying "maybe next time," but that is simply to save face and avoid a crippling of the USD internationally in order to maintain reserve status. He has to keep the talking heads talking of a resolution, and to do that he has to give hope. This entire show is synthetic, just the prices of gold paper and the USD. Best show on earth.

[Nolerman]

Also, to beat a dead horse, notice anything that stands out this time around? No? Me either, the silence is deafening. In fact I've read about the FOMC meeting 3 times and heard about it on CNBC about as many times in the last two days. They aren't churning the media rhetoric because the taper is not going to happen. It can't happen. However....JMO

[SilverSurfer]

no taper no way no how