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GOAU - JNUG: There Are Far Better Options For Gold Investors
US Global GO Gold and Precious Metal Miners
Investment Thesis
There remains a strong case for gold investing, but Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) isn't an investing tool we use. It's for experienced day traders only.
Today, we explain:
What is JNUG.
Why JNUG has performed awfully in 2020.
The trend is positive for JNUG but trade carefully.
Three points in favor of gold.
Which gold ETF to use instead of JNUG.
What is JNUG?
As the name says, JNUG tries to achieve the daily return of Junior Gold Miners with x2 leverage. As we can see in