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Direxion Daily 20+ Yr Trsy Bear 3X ETF Message Board

  • cl92cl cl92cl Feb 27, 2013 2:57 PM Flag

    J, U S $ weak today,


    and so are the metals.. What do you make of that??

    C L

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    • CL this is the third time I've tried to post here--I expect UUP ($USD ETF) to close the gap from Sep and Nov 2011 between 21.20 and 21.40 and possibly move lower..

      Gold stocks are undervalued by any measure and gold sentiment is as low as it has ever been. If we go into an inflationary scare period that usually preceeds a stock market route like we did in 2008 and we did several times in the Great Depression, gold shares and commodites should do well over the next 5-10 mos. If UUP gets to the target or lower it will be time to buy HDGE and TLT or Zero Coupon bonds (EDV) and hunker down for the next crash.

29.44-0.71(-2.35%)Jul 31 4:00 PMEDT