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Gold bull theory: JNUG

Long
Direxion Daily Junior Gold Miners Index Bull 2X Shares (AMEX:JNUG)  
futuremihai  
AMEX:JNUG   Direxion Daily Junior Gold Miners Index Bull 2X Shares
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Made a traditionals investment into JNUG - junior gold miners, at $61.

Gold next leg up is coming right now.

Only thing that could stop this thing is a black swan. If Russia gets pushed into war by the NATO, they could potentially sell some reserves to raise cash; other than that, I see no other outcomes where gold can possibly go down from here.
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