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Thread: 3X Gold ETF's (amongst others) :-

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  1. #1
    Join Date
    Dec 1969
    Location
    Brussels, Belgium
    Posts
    1,999
    Thank you Trev,

    At last some leveraged gold miners ETFs! Unfortunately it is not clear to me they will be using the exact same index as GDX.
    We'll check that for sure.
    Billy

  2. #2
    Join Date
    Dec 1969
    Location
    Vienna, Virginia
    Posts
    603
    Quote Originally Posted by Billy View Post
    Thank you Trev,

    At last some leveraged gold miners ETFs! Unfortunately it is not clear to me they will be using the exact same index as GDX.
    We'll check that for sure.
    Billy
    I trade DUST and NUGT, which are the 2x Direxions on GDX, and over the last 100 days the closing correlation with GDX is 1.000 (to that decimal). Bid/Ask is quite favorable, and I've had no issues loading/unloading positions.

    We'll have to wait and see to get a history for the 3x.

    Regards,

    pgd

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