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JDST / JDST: Despite Downside From High Rates, Upside From Dollar Concerns

JDST: Despite Downside From High Rates, Upside From Dollar Concerns
The factors affecting Direxion Daily Junior Gold Miners Index Bear 2X Shares ETF right now are on one hand higher rates on fiat currencies, but on the other risks around the USD as it associates with the debt ceiling. The JDST exchange-traded fund is a short play on gold, but there's no reason that speculators can be sure it will go down and not up. Read More
Posted: May 16 2023, 17:45
Author Name: Seeking Alpha
Views: 080894

JDST News  

Bets on More Rate Hikes Could Push Gold Down Further

By ETF Trends
July 12, 2023

Bets on More Rate Hikes Could Push Gold Down Further

If the capital markets' notions are correct, a June pause could make way for July rate hikes. This could put more downward pressure on gold, which has more_horizontal

JDST: Despite Downside From High Rates, Upside From Dollar Concerns

By Seeking Alpha
May 16, 2023

JDST: Despite Downside From High Rates, Upside From Dollar Concerns

The factors affecting Direxion Daily Junior Gold Miners Index Bear 2X Shares ETF right now are on one hand higher rates on fiat currencies, but on the more_horizontal

JDST Is An Aggressive Play On More Yield Curve Shifts

By Seeking Alpha
February 28, 2023

JDST Is An Aggressive Play On More Yield Curve Shifts

JDST is a levered play against gold miners, and therefore a play against gold prices. Yield curves shifting up support fiat over gold, and that could more_horizontal


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