The FED is hinting that a rate hike is just a fantasy. As the investor community has become convinced there will be no rate hike this year, oil has rebounded strongly. Gold and NUGT would logically follow oil.
An announcement like that should be very bullish for gold. And if gold makes a nice run, NUGT should fly. But, what do I know!
Big Joe Biden, Sheriff Joe, Lunkhead Joe, Cement Head Joe, Goof-Ball Joe Biden. I;m voting for JOE!!!
Was it the Plunge Protection Team? Or just investors looking for bargains. A FED statement could stop this slide. They have a list of Plunge stopping statements hanging on the wall of the FED building. It's only a matter of time before Yellen speaks!
There is no quick fix in China. There will be all kinds of government manipulations and interventions. I believe in Laisez-Faire free markets. These interventions may work for a few days or a few weeks, but they are all artificial. The disease below the surface will continue on its course. I'm bearish. We have our own problems and China will bring us down!
There is a difference between regular Socialism and European styled Free-Lunch Socialism. There was no free lunch in the old Soviet Union. Greece, Detroit, and Puerto Rico are extreme examples of Free-Lunch Socialism at work. It's all a question of time . Socialism bankrupts everything in its path!
Israel's needs coincide with our interests. The Israelis are our friends. They are a CIVILIZED people. Nuf said, nuf said, say no more!!!
Trump needs to talk more about his wall. How thick should it be? Instead of the Mexicans, why not get the Russians or the Chinese to build the wall. They know how to build a wall!!
XT, we all just have to get used to that kind of thing. I supported the CIVIL Rights Act of 1964. Little did I realize that it would unleash the most vicious, vile, and violent human predeter, ever to hit the streets of any civilized society, the black male. Who knew back then? It was as if the doors to all the zoos across the country were left wide open!!
It may be irrelevant to you, big shot, but not to me. I'm just putting a toe in the water, feeling things out. If gold starts heading in the right direction, I'm gonna buy more. Obviously I don't have the kind of money you were born with.
What's .74 X 10'000. That's how much he lost. Pay him a visit. He's down at the soup kitchen. I bought NUGT myself, 3 days ago at $3.21. I only bought 25 shares and I'm just going to hold them for a while!
Has anything really changed. Money is still easy and there is still plenty of stimulus coming from the FED. We are not even close to 10% down yet. Are you guys going to cover your shorts as we approach 10% ??
Big Joe, sheriff Joe, cement head Joe, lunkhead Joe the enforcer. Yes, we all like big Joe, but not for President. He would be better as a dog catcher!