I agree that we are setting up for a big run in #gold soon. But given that we could see some downside in the miners over the coming weeks, I just can't see buying a leveraged instrument like $JNUG and riding it down if there is more correction to come. People who want to hold on to something like JNUG should be willing to buy some $JDST as a hedge until the correction plays out. Had I not bought $DUST and JDST as hedge, my gold mining positions would have led to a big draw down in my account.