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Direxion Daily Gold Miners Bull 3X ETF Message Board

  • sjocvt sjocvt Jul 19, 2013 10:12 PM Flag

    wait until after the gold miners earnings

    Most of the gold miners in the NUGT portfolio will be releasing their QE in early August. These will not only be one of the worst quarters for the past five years, and a lot of these miners will be forced to cut part of their dividend. Even if the price of gold is surging past 1350, people will be selling their miner holdings because the yield will be pitiful. First/second week of August we will see some great buying opportunities. Quote me! Good luck to all of you investors

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