NYSEARCA:JNUG

Direxion Daily Jr Gld Mnrs Bull 3x Etf ETF News

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At Close: Jun 03, 2026
Ample economic research has shown that excessive debt, above a certain threshold of GDP, begins to drag down economic growth.
Of $20T in marketable Treasuries outstanding, $4.7T is from T-bills due in 6 months or less. Treasury is almost completely reliant on short-term debt to fund current deficits.
Fear factor is still strong and in favor of gold as investors fear a second shutdown. Inflation expectations are on the rise, further boosting gold's prospects.

Miners Remain Undervalued Despite Gold's Run

07:44am, Wednesday, 09'th Sep 2020
Gold had become overbought in the past month, trading well above trend, making it ripe for a correction.
The mining industry struggles to satisfy the rising demand for gold, as seen in the dwindling number of giant discoveries.
Cardinal Resources has received another offer from SD Gold, which represents a more than 60% premium to its initial offer in early June.

Gold-Stock Correction Mode

07:45am, Saturday, 05'th Sep 2020
Gold stocks are in correction mode. They shot parabolic into early August, surging too far too fast exhausting the capital firepower available for near-term buying.
Although gold prices reached historic highs this summer, we still see some potential drivers that could move prices even higher.
Chairman Powell said that the inflation rate target is an average rather than a line in the sand. Gold has been consolidating since the early August new high and correction.

The United States Is Going Into Hyperinflation

11:54pm, Friday, 28'th Aug 2020
Deficit to outlay ratio tops 60%, above the hyperinflationary threshold of 40%. Q2 2020 GDP shrank 31.7%, but will improve in Q3 2020.

Gold: An Excellent Chance To Buy

12:20pm, Friday, 21'st Aug 2020
The pandemic crisis has caused great distress around the world, but it has also offered traders a golden opportunity to make significant profits and build a portfolio.
The news that Warren Buffet took a stake in Barrick Gold stimulated animal spirits in the precious sector on Monday.
Gold's latest pullback was a response to recent U.S. economic recovery.

Gold Miners In A Gold Bull Market

02:35pm, Saturday, 15'th Aug 2020
The performance that we're seeing this year - gold is up something like 20 plus percent, and the stocks are up over 40 percent - it's exactly the kind of performance we would expect in this environmen
The rise of no-commission, simple-to-use, brokerage platforms could have an enormous impact on the much more thinly traded precious metals equities.
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