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What are 3x Gold ETFs?

Leveraged 3X Gold ETFs seek to provide investors with a magnified daily or monthly return on physical gold prices. The funds use futures contracts to accomplish their goals and can be either long or inversed. As the name suggests, the level of magnitude is three times the daily or monthly gain/loss.

What is the Direxion daily gold miners Bull 3x ETF (nugt)?

The Direxion Daily Gold Miners Bull 3x ETF (NYSEARCA: NUGT) is essentially the opposite of the Gold Miners Bear 3x ETF and looks to provide investment results that triple the return of the NYSE ARCA Gold Miners Index on a daily basis.

What is the nugt 3x Shares fund?

The Direxion Daily Gold Miners Bull 3x Shares ( NUGT) is a 3x leveraged exchange-traded fund (ETF) that should be used for short-term trades only.

Where to buy gold stocks in 2020? is the best place to find the top gold stocks to buy, a full list of gold stocks and mining stock news, articles & information. Mining stocks and Gold Stocks are off to a very strong start in 2020 and are expected to continue their bullish run.

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