DUST / Gaining Leveraged Exposure to Gold

BLOK: When The Bear Dust Settles, This ETF Will Be On My Short List To Buy more_horizontal

Gold prices have dropped significantly lately, reaching yet another milestone-low as investors saw the price of gold drop below $1,870 per ounce last more_horizontal

Gold has long been an asset class that investors have turned to during times of economic uncertainty. However, in State Street Global Advisors' recen more_horizontal

The S&P 500 was up 3.11% in July, bringing its YTD return to 19.52% as equities continue to rally. This could have spurred an outflow in gold exchange more_horizontal

DUST provides -2x exposure to the NYSE Arca Gold Miners Index. Levered ETFs suffer from volatility decay. The more volatile the asset class, the great more_horizontal

With companies increasing their payrolls more than expected during the month of January, investors turned the risk-on dial higher, pushing safe haven more_horizontal

Even with a potential recession on the horizon, it's not pushing investors into safe-haven assets like gold just yet. The mighty dollar continues its more_horizontal

Commodities have been shedding the gains they've been building up amid inflation fears, and gold hasn't been safe from the recent sell-off either. For more_horizontal