Direxion Daily Junior Gold Miners Idx Bull 2X Shs JNUG

Trump = gold $$$

[theGamble]

https://www.bnn.ca/trump-s-tongue-twisted-on-u-s-dollar-jobs-portfolio-manager-1.652068

[Marski101]

I'm saying $10 + this week, thoughts?

[theGamble]

For sure. Hit above 9.30 today. I think tmr will take a dip with the update from Yellen but then we'll see gold break above 1220 as we hear about inauguration prep and more from Trump. This guy is getting a strong US economy and he's going to wreck it. Just wait until market signals start going off. I give him 6 months. Good luck!

[Marski101]

Well said. I think JNUG will be in the teens trading next week for sure, my best outlook will be $10-$12.00 near term, and well we could be sky's the limit here very rapidly. GLTA

[theGamble]

Road bump from Yellen. I think the key takeaway from her speech was that the Fed has hit their targets but are going to wait to see what changes Trump's new administration is going to do before acting. That to me says 2-3 months before we see of any rate hikes. I also hope you all saw the interview with George Soros today from Davos... that guy is on point. GLTA

[Marski101]

Missed that interview, please share? What are your thoughts on tomorrow's GOLD price, and into next week? Also, lets be careful at month end, dumping will begin huge of GOLD as they go on holidays, happens all the time.

[reframe]

https://www.bloomberg.com/news/videos/2017-01-19/soros-trump-will-fail-markets-won-t-do-well lets be honest Trump is a loose cannon and on his special day most likely with his demeanor he will continue to promise everything in the world primarily with infrastructure spending and borrowing to invest back in America. Not sure if anyone seen today's interview with his treasury secretary theres a