Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG) -NYSEArca
304.72 Down 1.30(0.42%) 10:57AM EDT - Nasdaq Real Time Price
Look with Gold down 12.00 per ounce hecla is down 1 CENT
Hecla Mining Co. (HL) -NYSE
6.05 Down 0.01(0.08%) 1
wait till gold really spikes due to central bank negative interest rates, stimulus and QE, an overpriced stock market with falling earnings, collapsing revenues and currencies that are rRAPIDLY falling in value this is literally forcing people into precious metals gold and silver as a STABLE place to protect your WEALTH !
Silver continues to gain as it is hugely undervalued and is a tiny market !
some huge commercials caught on the wrong side of the trade !
Look for spike over 25.00 for silver soon !
silver green belies gold being red and will cause a massive rally in both !
Miners are rising even with gold lower.
This indicates pros know gold is going higher and buying the shares of weak hands as fast they can
see JNUG for example won't drop even with gold down big !
a massive gold reversal is coming as the big money is buying all the dips and central bank credibility is dropping by the day as zero interest rates and currency devaluation force people int gold and silver !!
the fake market rally is hurting gold temporarily but buying is occurring on dips
and the fed is going to try to talk gold and silver down by talk of hikes that will never occur
fed credibility is going down fast..
maybe they stun the markets with 1/4 point then it would be done and gold goes up no matter what by end of the year it will be up huge..
Here is the pattern I am seeing these days:
The gold price is dropped
The miners are bought by institutions from weak hands
at end of day it goes higher
in the short term we could have a bad day but I would suggest you buy the dips
I have never seen such strength in miners in years
hecla in particular is in a perfect position
next week the earnings come out market falls and gold and silver spike higher..
Amazon.com, Inc. (AMZN) -NasdaqGS In Watchlist
753.78 Up 7.97(1.07%) Jul 11, 4:00PM EDT
Pre-Market : 759.00 Up 5.22 (0.69%) 6:41AM EDT
Joey you are slowly going to lose the fabulous gains you made in starbucks because you are emotionally and physically attached to the stock and while you still can afford the double lattes many more can't or decided they won't as their stock portfolios are no longer rising especially after fees are removed. You will look back and say hindsight is 20 20 but I am showing you all the anecdotal evidence you need and you ignore it
9 cents actual
6 more cents PRO FORMA NON GAAP (non generally acceptable accounting principles)
I wonder why they did not just boost the non gaap and earn 1.00 or 2.00 per share ?
where does this nonsense end ?
on a 10% REVENUE DROP !
yes great news for stock pumpers...
it has gained tremendously in the past 6 months from 1.56 to 6.00...
And still those that sold a few minutes ago are missing the boat
my advice ?
by all dips....
clearly even a starbucks coffee drinker on decaf would know SBUX are in distribution.
another calc indicating where the stock is going.
Now with increased productions the numbers will be reached sooner..
blast from the past but the numbers are coming true
the world has realized central bankers are losing control.
gold and silver are the only true currency that has withstood the test of time and failure of all other currencies.
slowly the general public is realizing the stock market is in a bubble and has no upside
surely you see it in starbucks stock price.
you will see you could have parlayed your gains in starbucks into much more if you moved to gold and silver today Helca is 6.10 now and sbux is 56.36
again I will reference this post in the future to prove to you I know what I am talking about !
Look at HL
Look at SBUX
I tried repeatedly to help you make money and not lose it..
Hecla Mining Company (NYSE:HL) today announced preliminary silver and gold production results1 for the second quarter of 2016.
SECOND QUARTER 2016 HIGHLIGHTS (compared to Q2 2015)
Silver production of 4,241,338 ounces, a 71.2% increase.
Gold production of 62,965 ounces, a 40.9% increase.
Silver equivalent production of 11,813,131 ounces, a 38.4% increase.2
Lead production increased 9.1% and zinc production increased 3.5%.
Increased silver production estimate for 2016 to 15.75 million ounces, a 5% increase.
Increased gold production estimate for 2016 to 233,000 ounces, a 13% increase.
Increased silver equivalent production estimate for 2016 to 44 million ounces, a 7% increase.3
Cash, cash equivalents and short term investments of approximately $157 million at 06/30/16, an increase of about $23 million over 03/31/16.
“Our strategy of accelerating growth has silver and gold production up 71% and 41% over last year just as prices are starting to rise,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “With increased production and higher prices we are generating free cash flow and have more cash than when we started the year. Our increasing production outlook puts Hecla on track for another record setting year of silver production.”
you just sell 1 silver eagle at your coin dealer for cash and then buy your bread.
since you can't by much food for 22 dollars, silver has a long ways up to go from here...
It depends not on gold price directly but on the mining companies that comprise GDXJ and how high in price these rise. GDXJ is multiplied by 3 to get the price of JNUG unfortunately the nature of leveraged products and this one on particular is about a 5% loss per month if the underlying stock GDXJ bounces around and does not move significantly higher.
Right now miners have moved up a lot more than gold has so at some point these miners may not go up as fast as they have been no one really knows.
If I had to guess if gold went to 1500 fast in 90 days jnug would be around 450 - 500