Direxion Daily Gold Miners Index Bear 3x Shares ETF(DUST)- NYSEARCA
  • Mar. 5, 2013, 10:15 AM

    Global M&A in the mining sector fell by a third last year to the lowest level since 2005, with nearly half of 2012’s $110B tally due to the announced Glencore-Xstrata merger, according to a PriceWaterhouse study. The data comes as little surprise to miners at this week's annual PDAC conference: "Every company coming here is saying, we don’t have the money."

    | Mar. 5, 2013, 10:15 AM
DUST Description
The Daily Gold Miners Index Bear 3x shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the NYSE Arca Gold Miners Index ("Gold Miners Index"). There is no guarantee the fund will meet its stated investment objective.
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