I just came across an interesting article about NUGT and DUST
(Leverage funds for GDX). Starting December 1st, they will
represent 3x GDX bull (NUGT) or bear (DUST). The article indicates
also several other funds that will go the same way. They are
currently 2x.
NUGT and DUST going 3x instead of 2x
Posted by atlantis on 7th of Oct 2011 at 10:39 am
Hi everyone,
I just came across an interesting article about NUGT and DUST (Leverage funds for GDX). Starting December 1st, they will represent 3x GDX bull (NUGT) or bear (DUST). The article indicates also several other funds that will go the same way. They are currently 2x.
http://finance.yahoo.com/news/Direxion-Realigns-ETF-etfguide-294373268.html?x=0&.v=1