Direxion Daily Junior Gold Miners Idx Bull 2X Shs JNUG

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index includes companies from markets that are freely investable to foreign investors, including emerging markets, as that term is defined by the index provider. It is non-diversified.

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Direxion Daily Junior Gold Miners Idx Bull 2X Shs

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Post by stargazer1on Mar 13, 2017 2:59pm

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Post# 25972664

Gold refusing to go down prior to Fed action.

Gold looks steady and possibly upward bias. Has been refusing to drop. Want to buy prior to Fed move so bought now at $6.84. Now everybody can see tomorrow if I have egg on my face. However, I think that all of us that have bought, are going to be dancing in the streets. If gold reacts like it has with the other rate hikes, it will take off. We'll see.

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