I think that dmg123 should give him/herself a voice.

If investing in physical gold makes you laugh why didn't you state that rather in your post rather than touting a very high risk derivative instrument based on 3X leverage of gold miners stocks?

The weaponised comment I made was a variant of Warren Buffet's comment that derivatives are 'financial weapons of mass destruction'. Hopefully for your sake you don't bet the house on NUGT.