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Re: dealerschool2006 post# 2202

Wednesday, 08/06/2014 9:36:52 PM

Wednesday, August 06, 2014 9:36:52 PM

Post# of 13238
Well actually NUGT and DUST are directly tied to the miners group.Two 3x leveraged ETF's Bear and Bull. The Daily Gold Miners Bear 3x shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the NYSE Arca Gold Miners Index. Watching GDX and ABX is closer associated with them than is the gold price.