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Triple Gold ETF
There are two triple gold etfs that give investors highly leveraged exposure to gold that is triple or 3x the price movement, up or down, of an index containing gold miner stocks. The underlying index for both of these 3x gold ETFs is the NYSE Arca Gold Miners Index which is a modified market capitalization weighted index made up of stocks of companies primarily involved in gold and silver mining.
Both of the above 3x Bull and Bear Gold ETFs are issued by Direxion
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