Nothing has outperformed gold this year. Senator Jakegint has been resurrected from his crypt, in which he was entombed several years ago amidst heinous precious metal losses, in order to actively campaign for the Rafael Cruz campaign and to relish in the recent rally in gold. While everyone is talking extreme shit about Apple and the specter of oil gushing higher, gold has been making folks rich again.
The 3x upside ETF, dubbed JNUG, is up an astounding 472% this year.
Another levered upside gold ETF is NUGT, higher by more than 380% for the year.
The overall sector is higher by triple digits, led by silver.
Some of the individual percentage gainers have defied the laws of gravity.
Wherefore, Jakegint lives. Death to the fiat currency cabal!!!
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Check out the bitcoin as well. Many worthless Jackson dollared bills are being tossed about all across the board, apparently.
Dollar down, gold up. Short term overbought but the trade of 2016.
My permanent gold hedge AUY is + about 50%
Appreciate the respect, but this rocket is due for a rest. Watch the $HUI, as I don’t think it gets much over $240 here, $250 tops. Dead by Derby.